The Federal Reserve’s hawkish stance has surprised markets, with revised inflation forecasts and the dot plot indicating a commitment to higher rates for longer. While inflation remains elevated, potential easing in early 2025 hinges on moderating price pressures.
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