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In an e-mail to CoinDesk, Michael Safai, managing associate of crypto buying and selling agency Dexterity Capital, mentioned the newest Fed resolution would doubtless result in “combined outcomes” for crypto merchants. “Whereas the language on future charge hikes was softened, the Fed left the door open by saying that future selections will likely be macro knowledge dependent. Inflation knowledge is bettering but it surely nonetheless isn’t rosy sufficient to excite crypto merchants,” Safai mentioned in an emailed remark.
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