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Mt. Gox Dump vs Incoming Rate Cuts🚀Crypto Market Update

DeFi Daily News by DeFi Daily News
August 21, 2024
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Mt. Gox Dump vs Incoming Rate Cuts🚀Crypto Market Update
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Mt. Gox, once a top cryptocurrency exchange during Bitcoin’s [BTC] early days, has continued its slew of transfers, recently moving 13,265 BTC worth $784 million. Meanwhile, “Several” top Federal Reserve officials were ready to cut interest rates in July and most believed a reduction next month is justified in light of slowing inflation and a weakening jobs market, new documents show.

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00:00 Intro
00:25 Sponsor: Coinbase
01:13 Mt.Gox moves bitcoin
02:32 U.S. jobs data can overstate weakness, caution for bears
06:38 Tom Lee – The bottom is in for small caps
09:25 NVDIA earnings next week
10:53 DXY: Lowest level in 2024
11:45 Gold vs Bitcoin
14:41 Trump takes lead
16:10 How high can BTC run-up to the election?
17:21 Coinbase comes to ETHs defense
18:51 Fed Minutes
19:07 Outro

#Crypto #Bitcoin #Ethereum
~Mt. Gox Dump vs Incoming Rate Cuts🚀Crypto Market Update~
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Tags: bitcoin newsbitcoin news todaybitcoin pricecrypto newsCutsCryptoDumpEthereumfed meetingfed minutesfed rateFed Rate Cutfed rate decisionfed rate hikefed rate newsfed ratesGoxIncominginterest ratesjerome powellMarketmt goxmt gox bitcoinpolygon maticRateRate Cutseptember rate cutUpdate
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