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Bets that the Federal Reserve will cut interest rates next year also encouraged a rally in virtual currencies. Some well-known exchanges include Coinbase, Binance, and Kraken. What does it mean for the cryptocurrency ecosystem? Bitcoin surges in biggest weekly rally in four months The drop in bitcoin went against the grain of other financial markets in recent weeks, as stocks, bonds and gold all rallied on the back of an expectation for global central banks to switch to cutting interest rates this spring. News and analysis for the professional investor.
