The Federal Reserve's November interest rate decision is being closely watched by investors in the cryptocurrency market. The general expectation is that the Fed will cut interest rates by 25 basis points, which would increase liquidity in the market and weaken the dollar, potentially benefiting Bitcoin and other risky assets. Analysts believe that Fed Chair Jerome Powell's statements will have an impact on cryptocurrency prices. However, there is some uncertainty due to expectations of higher inflation if Donald Trump is reelected. Some experts believe that the Fed decision will not have a significant effect on Bitcoin, while others see it as a potential catalyst for Bitcoin to reach six figures by the end of the year.
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