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Bitcoin buyer interest in the United States hit a 39-day high following the US Federal Reserve further confirming that interest rates were due to fall, according to recent data. “Bitcoin demand in the US spiked today as the Fed signaled the cycle of lower interest rates will begin,” CryptoQuant Julio Moreno wrote in an Aug. 24 X post. Moreno’s claim was based on the Coinbase Premium Index, which measures the gap between Bitcoin’s (BTC) price on Coinbase Pro and Binance and used as an indicator of US investor demand compared to the rest of the world. The indicator hit its highest point since Ju…

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