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Trading Recommendations for the Cryptocurrency Market on December 19
The cryptocurrency market continues to swing
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The cryptocurrency market continues to swing back and forth. Yesterday, Bitcoin's sharp rise to around $89,800 was quickly retraced, sending it to approximately $84,700. Ethereum is also trading below $3,000.This surge in volatility was the market's reaction to yesterday's news that U.S. inflation slowed more than expected. This allows the Federal Reserve to continue lowering interest rates and increase the volume of its bond-buying program to stimulate the economy and revitalize the labor market. The more cheap money available in
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Miroslaw Bawulski,
Analytical expert of InstaForex
© 2007-2025
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Urgency
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Maxim Magdalinin
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