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January Fed Rate Cut Odds Fall to New Lows After Strong U.S. Q3 GDP Report

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Market participants, including crypto traders, have further pared their bets on a January Fed rate cut following the release of the U.S. GDP report today. This is significant considering how the rate cuts this year sparked massive rallies to new highs for Bitcoin, which is now undergoing a liquidity squeeze as the year comes to an end.

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