Bitcoin surged over 8% to $81,700 after Trump paused tariff hikes, calming market fears. Regulatory boosts, including SEC leadership changes and Ethereum ETF options approval, added momentum. Altcoins rallied as crypto market cap hit $2.59 trillion. Analysts foresee consolidation before the next move toward the $88,000 resistance level.
Market expects one more rate cut as inflation stays benign
Indian economists and bond market experts expect another quarter percentage point cut in policy rates. This follows the Reserve Bank of India’s recent rate reduction