“The stock market had priced in this muted rate hike but it has taken note of the impact on the cost of funds and tightening liquidity situation,” said Gopal Kavalireddi, research head, FYERS Securities. “The Fed commentary also signalled for maintaining the focus on inflation even as there is a banking crisis and the risk of a recession.”
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