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Bitcoin Catches Market Cap of Elon Musk’s Tesla Amid ETF-Fueled Rally, but Traders Cautious Ahead of Fed Meeting

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“This is why bitcoin’s potential significant upside risk has a short expiration date: it could print another leg up in the next couple of days and then enter a correction phase, or it could stay at the current level until next week’s FOMC and then start to pull back,” continued the analysts, led by Yukari Kusu.

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