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Bitcoin Cools After 65% Rally; WOO Network Predicts BTC Price to Hit $75K in Early 2024

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The most important cryptocurrency by market cap recovered to $43,000 after Monday’s 10% flash crash to $40,000 that flushed overenthusiastic leveraged bets on greater costs. A dovish Federal Reserve projecting fee cuts and the falling U.S. greenback bolstered the restoration, however misplaced steam by Friday and BTC slipped again to $41,500.

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