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A Sip of Reality
A Sip of Reality Podcast
68 episodes
2 days ago
A sip of reality is a podcast about Art, Culture, Entrepreneurship, and Lifestyle.
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Arts
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All content for A Sip of Reality is the property of A Sip of Reality Podcast and is served directly from their servers with no modification, redirects, or rehosting. The podcast is not affiliated with or endorsed by Podjoint in any way.
A sip of reality is a podcast about Art, Culture, Entrepreneurship, and Lifestyle.
Show more...
Arts
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Bitcoin Price Plunges 10% Amidst Fed Rate Hike Concerns
A Sip of Reality
10 minutes 51 seconds
10 months ago
Bitcoin Price Plunges 10% Amidst Fed Rate Hike Concerns

Bitcoin's price recently fell 10%, dropping below $93,000. This decline is attributed to stronger-than-expected U.S. economic data, which lessened expectations of Federal Reserve interest rate cuts. Analysts link this to a rise in U.S. Treasury yields, which typically negatively impacts risk assets like Bitcoin. The article includes expert opinions from several financial analysts supporting this view, and also highlights upcoming economic data releases that could further influence Bitcoin's price. Future rate cuts and inflation data will be key factors in determining Bitcoin's future price trajectory.

A Sip of Reality
A sip of reality is a podcast about Art, Culture, Entrepreneurship, and Lifestyle.