Bitcoin rises despite US inflation hitting 3-year high: Where will BTC price go?
BTC's rebound shows signs of weakening under a string of technical resistance levels, raising the odds of a dip below $60,000 in June.
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Ueda's absence may delay BOJ's rate hikes, prolonging global low-rate conditions and impacting risk asset markets and inflation management. The post Bank of Japan Governor Kazuo Ueda hospitalized, will miss critical policy meeting appeared first on Crypto Briefing.
Read full articleBTC's rebound shows signs of weakening under a string of technical resistance levels, raising the odds of a dip below $60,000 in June.
The Fed's steady rate decision highlights a cautious approach amid inflation and fiscal uncertainties, impacting crypto market volatility. The post Federal Reserve expected to hold rates steady at June meeting, says JPMorgan’s David Kelly appeared first on Crypto Briefing.
The reading likely supports restrictive monetary policy.
The BoC's rate hold amid global uncertainties highlights potential volatility in Canadian markets, impacting inflation, exports, and investment strategies. The post Bank of Canada holds key interest rate at 2.25%, flags US trade uncertainty and Iran war risks appeared first on Crypto Briefing.
Rising inflation pressures may lead to prolonged high interest rates, impacting economic growth and increasing volatility in crypto markets. The post US inflation surges to 4.2%, hitting a three-year high as energy costs spiral appeared first on Crypto Briefing.
Rising inflation amid geopolitical tensions pressures the Fed to consider rate hikes, impacting future monetary policy and economic stability. The post US inflation, highest in three years amid geopolitical tensions appeared first on Crypto Briefing.
Rising inflation may strain consumer budgets and complicate monetary policy, potentially impacting economic growth and stability. The post US inflation hit three-year high in May as Iran war kept energy prices elevated appeared first on Crypto Briefing.
Rising inflation pressures the Fed to consider prolonged high rates, impacting markets and potentially destabilizing economic expectations. The post US inflation climbs to 4.2% in May as energy prices spiral higher appeared first on Crypto Briefing.