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Bitcoin Soars to 20-Month High Above $42,000 Boosted by US Interest Rate Expectations and ETF Hopes

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Bitcoin soars to a 20-month high of over $42,000, boosted by expectations of a US interest rate cut and the potential approval of a spot bitcoin ETF. The rise in value also benefits crypto-related companies and ETFs, while Ethereum sees growth as well.

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Federal Reserve minutes suggest potential rate cut in September amid economic uncertainty. Find out more about the upcoming policy decisions.

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