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Cryptocurrencies suffer losses of more than 2%
Monday 16 September 2024 11:39 | EconomicNumber of readings: 64
[rtl]Baghdad / NINA / Cryptocurrencies fell during early Monday trading, amid anticipation of monetary policy decisions by major banks around the world this week, including the Federal Reserve.
Bitcoin suffered losses of more than 2% to reach $58,515.16 at 05:21 GMT, followed by Ethereum with a 3.5% decline to $2,291.93, while Ripple fell 1.93% to 57.23 cents. The
decline in the performance of cryptocurrencies, especially Bitcoin, comes despite expectations that the Federal Reserve will begin to cut interest rates during its meeting scheduled for this week, but the division of expectations regarding whether it will be cut by 25 basis points or 50 points negatively affects investor sentiment. / End 11[/rtl]
Bitcoin suffered losses of more than 2% to reach $58,515.16 at 05:21 GMT, followed by Ethereum with a 3.5% decline to $2,291.93, while Ripple fell 1.93% to 57.23 cents. The
decline in the performance of cryptocurrencies, especially Bitcoin, comes despite expectations that the Federal Reserve will begin to cut interest rates during its meeting scheduled for this week, but the division of expectations regarding whether it will be cut by 25 basis points or 50 points negatively affects investor sentiment. / End 11[/rtl]
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