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Bitcoin Price Crash is Burning Man’s Fault & Fed Will Cut Rates 3x: Tom Lee

Bitcoin Price Crash is Burning Man’s Fault & Fed Will Cut Rates 3x: Tom Lee

Fundstrat co-founder Tom Lee claims the bitcoin price nosedived this week because the crypto-sphere is distracted by the Burning Man festival. Moreover, Lee predicts the Federal Reserve will cut interest rates 75 basis points by the spring of 2020. Lee, a bitcoin perma-bull, made the remarks to Fox Business News.






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