Firstly, the continued rate hikes in the US and US Fed commentary of further rate hikes are making risk-reward unfavourable towards emerging market equities in an environment of heightened geo-political risks.
Bitcoin trades near $76K, Ethereum at $2,240 as tech selloff, strong US jobs data weigh on crypto markets
Bitcoin hovered near $76,000 and Ethereum around $2,240 as technology stock weakness, AI spending concerns and US crypto legislation uncertainty weighed on sentiment. Despite modest