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Bitcoin, Ethereum and Dogecoin Jump on Release of Fed Minutes

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Bitcoin jumped slightly on the release of the Federal Reserve’s minutes from its November meeting, the captured discussion suggesting that the central bank may make smaller interest rate increases going forward. The stock market similarly ticked up as traders digested the news. Trader Ryan Scott told Decrypt the uptick was expected. “It seems like this is in line with market expectations. Short term traders aggressively positioned behind the release driving both crypto and equity index futures briefly,” he said.  (Decrypt)

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