Bitcoin's surge above $64K faces potential halt due to high FOMO levels

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BTC’s price went on a massive run after the Fed’s rate cut, but has calmed now. Will it retrace any further?

The past ten days or so went quite positively for bitcoin as the asset added almost ten grand within this timeframe, mostly fueled by the US Federal Reserve’s decision to reduce the key interest rates.

However, certain social metrics suggest that the cryptocurrency’s run could be over, at least in the short term.


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