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Tyr Capital CEO: Bitcoin is more likely to close above $60,000 in September

2024-09-06 14:21:35

ChainCatcher news, Tyr Capital Chief Investment Officer Ed Hindi stated in an interview with Cointelegraph that although historically, September has typically been a down month for BTC, the combination of the Federal Reserve's interest rate cuts and a relatively strong U.S. economy could catch bears by surprise. He believes that the likelihood of BTC stabilizing above $60,000 this month is higher than the likelihood of it falling below $60,000.

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