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Bitcoin trades above $40K for the first time since May 2022 as the digital asset extends its 2023 rebound on expectations of interest-rate cuts and ETF demand (Sunil Jagtiani/Bloomberg)



Sunil Jagtiani / Bloomberg:

Bitcoin trades above $40K for the first time since May 2022 as the digital asset extends its 2023 rebound on expectations of interest-rate cuts and ETF demand  —  – Expectations for first US spot Bitcoin ETFs propelling rally  — Crypto market also benefiting from hopes for Fed rate cuts




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