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The crypto market is trembling before a possible turnaround in US interest rates

Since the sharp correction on the first weekend in December, the Bitcoin price has not made it sustainably above the psychologically important mark of 50,000 US dollars. The decision of the US Federal Reserve on a possible interest rate turnaround could trigger a new slump.

Evergrande, Omikron and now interest rate turnaround – buzzwords that crypto investors don’t like to hear at the moment. The uncertainty in the cryptocurrency market, which is still dominated by Bitcoin, persists after the price slide at the beginning of December. Since its all-time high of around $ 69,000 in mid-November, the largest cryptocurrency alone has lost around a third of its value …

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