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altcoin marketCoinGape
•62% Informative
Bitcoin price correction eased on the weekend as buyers found suitable support at the $ 60000 psychological level.
Flag pattern formation in Bitcoin 's daily chart hints at mid-term consolidation before a major rally.
Citigroup and JPMorgan expect the FED to cut interest rates in a series, starting with 50 bps in September .
Citi and JPMorgan now expect the Fed to cut rates by 50bps in Sept, 50bts in Nov, 25bts December , 25 bps December .
Bitcoin market cap tumbled to $1.178 Trillion this week to $ 59800 .
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