Bitcoin is Pricing in Two Fed Rate Cuts For 2024, Trader Says

Bitcoin is Pricing in Two Fed Rate Cuts For 2024, Trader Says

"Bitcoin exhibited strength against a hawkish CPI report and strong inflation data seeing only a retracement back down to $67,000 following the fed minutes announcement," Semir Gabeljic, director of Capital Formation at Pythagoras Investments, said in an email note.