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#ZK #BTC #ETH #SOL #DOGE
🟢"Crypto Breakthrough Despite Stagflation: Bitcoin Approaching 116,000 USD, Altcoin Gaining Momentum Thanks to Fed Rate Cut Expectations"🟢
Despite signs of stagflation in the US economy, with high inflation accompanied by slow growth, the crypto market remains optimistic. This is due to expectations that the Fed will soon cut interest rates and strong bullish technical signals.
Bitcoin has reached nearly 116,000 USD, while prominent altcoins like SOL, LINK, and DOGE have all surged. Investors view crypto as a hedge against the devaluation of fiat currency, despite risks from a weak labor market and rising consumer prices.
If the Fed proceeds to cut interest rates, capital may continue to flow into risk assets, especially crypto. Conversely, if stagflation pressures force the Fed to tighten policy, the market may experience short-term volatility, but the long-term outlook for Bitcoin remains strong.