Bitcoin experienced a slight dip to around $107,400, while Ethereum fell over 7% to $4,380, as markets reacted to last week’s pullback. Despite this, analysts note strong institutional interest in Ethereum, with significant ETF inflows, contrasting with Bitcoin ETF outflows. Bitcoin is consolidating, forming an accumulation zone for long-term investors, with potential resistance at $110,200 and support at $106,100.
Chicago Fed President Goolsbee rejects calls for Fed rate cuts to ease US debt burden
Chicago Fed President Austan Goolsbee rejected calls for interest-rate cuts to ease the US government’s debt burden, warning that such a move could fuel inflation