Cryptocurrency markets face volatility due to US economic data, Fed events, and geopolitical tensions.

This week, cryptocurrency markets face volatility due to upcoming U.S. economic data and Federal Reserve events. Bitcoin's price dropped to $63,612.63, reflecting concerns over potential interest rate policies and geopolitical tensions. Despite recent declines, analysts remain optimistic about a strong Q4 fueled by historical trends, institutional demand for Bitcoin ETFs, and anticipated interest rate cuts. Overall, the market is poised for potential gains but investors should exercise caution.

September 30, 2024
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