🔔 The bitcoin market is awaiting the Federal Reserve meeting on June 18. Interest rates, at 4.50%, are likely to remain unchanged.
🌍 For its part, the US trade war and the Israel-Iran conflict are generating economic uncertainty.
💹 Bitcoin is trading at $106,000, having stabilized after dropping to $100,000, but a rate cut signal could boost its price.
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What do you expect from the Fed meeting?
🔥 = Rate cut euphoria
🙏🏼 = Everything stays the same
😂 = Only moderate impact
📊 Investment products in bitcoin and cryptocurrencies recorded inflows of $1.9 billion last week, amid the geopolitical tension arising from the Israel-Iran conflict.
✅ Bitcoin-based funds recovered after two weeks in the red and led the inflows with $1.3 billion. Ether products exceeded $583 million, while XRP products, after three weeks of outflows, added $11.8 million.
📉 Although the price of digital assets fell after the initial attacks in the Middle East, many investors took advantage of the dip to enter the market.
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Did you take advantage of the drop to buy?
❤️ = Yes, I went in strong
😢 = No, I was scared
🤔 = I expect a greater dip