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by Blockchain.News
Thu Mar 05, 2020 10:06 am
Forum: In the news
Topic: Bitcoin Safe Haven Status Under Fire Following US Federal Reserve Rate Cuts to Combat Coronavirus Disruption
Replies: 0
Views: 1225

Bitcoin Safe Haven Status Under Fire Following US Federal Reserve Rate Cuts to Combat Coronavirus Disruption

Equity markets have been surging following the US Federal Reserve’s (Fed) announcement of an emergency rate cut to counter the economic disruption of the coronavirus.

The bitcoin price which had also been experiencing a recent bearish decline, also reacted to the news of a rate cut of half a ...

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