This declining trend in liquidity and inversion of the yield curve is likely to continue for some more time, according to Vijayakumar, but he does not expect it to impact India’s GDP growth in the next fiscal year. On the global front, the US Federal Reserve head Jerome Powell’s hawkish remarks on interest rate hikes have dampened sentiment.
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