Investment banking giant Goldman Sachs has increased the odds of a recession in the United States. The bank, along with other institutional giants, also backed more policy rate cuts by the Federal Reserve in response to the economic downturn. Several analysts expect Bitcoin’s (BTC ($94,210.00)) price to climb after a dip below $80k.
Fed Rate Cuts To Boost BTC Price
According to the Goldman Sachs forecast, the Feds will lower interest rates by 25 basis points in each meeting three times. This aligns with si...
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