The brief rally in developing-nation assets highlights the difficulty in calling the peak in US rates, as robust data dash hopes for a Federal Reserve pivot. Most analysts don’t see a recovery just yet, with Goldman Sachs Group Inc. warning that emerging-market debt may face a repeat of the risks seen in 2022.
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