The real rate is positive and excessive tightening may hurt growth according to majority of external members – Ashima Goyal and Jayanth Varma- of the Reserve Bank’s Monetary Policy Committee who voted for a pause in the policy rate revision.
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