Trade Summit

Sundin

Cryptocurrencies gain as federal reserve rate cut approaches

Chris Blake

Major cryptocurrencies are trading higher ahead of a key Federal Reserve rate decision expected to deliver a 25 basis point cut on Wednesday. Investors are also watching Bank of Japan policy, Mag 7 tech earnings, and a Trump-Xi summit for potential market impacts. Bitcoin has risen to $113,600, while XRP surpasses its 200-day moving average.

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