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Bitcoin (BTC) Briefly Pumped Above $94,000, Ethereum (ETH) Jumped by 9%: Market Watch

What happened

The cryptocurrency market seems to be heating up ahead of the rate cut the Federal Reserve is likely to announce later today (December 10). Bitcoin temporarily soared to around $94,500 but later lost some steam. Ethereum (ETH) and many leading altcoins posted even more.

Related asset context

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