Here's why Bitcoin and altcoin prices may surge after the crypto Black Monday
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Bitcoin and altcoins experienced significant price drops on Monday, with Bitcoin falling to $74,428 and Ethereum dropping below $1,500. The market downturn is linked to potential trade war escalations and recession fears. However, two potential catalysts for recovery include possible trade negotiations and anticipated Federal Reserve interest rate cuts.
April 07, 2025 | 3:15 pm
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Bitcoin dropped to $74,428, its lowest since November, but potential trade negotiations and Fed rate cuts could trigger a market recovery.
The article suggests two key factors that could boost Bitcoin: potential trade negotiations reducing economic uncertainty and anticipated Federal Reserve interest rate cuts, which historically have supported asset prices.
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