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Market Impact: 0.55
Bitcoin’s late summer rally set to face off against the Fed, Congress
Source: The Globe and Mail
Crypto & Digital AssetsMonetary PolicyInterest Rates & YieldsRegulation & LegislationInvestor Sentiment & Positioning
Bitcoin sentiment has turned bullish after months of weakness, but the upcoming Federal Reserve rate decision is a key test for the rally. A Senate vote on crypto legislation could provide an additional positive catalyst, with monetary-policy expectations and regulatory developments likely to drive near-term digital-asset volatility.
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mildly positive
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