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Powell's dovish remarks at Jackson Hole suggest potential U.S. interest-rate cuts, sparking a crypto market rally and pushing the total market cap above $4 trillion.
59.4 million SHIB tokens were burned, with burn rates fluctuating. Analysts suggest the price may follow Bitcoin's recent trend.
The Fed's decision to end its 2020 inflation policy and tighten interest rates may trigger short-term market volatility. Bitcoin could face turbulence as stocks rally.
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