Bitcoin experienced a dip, trading around $109,506, reflecting market caution despite a bullish long-term outlook fueled by supply reduction and institutional interest. Ethereum, XRP and Solana also saw declines. Market experts suggest upcoming macro releases and the $22 billion monthly options expiry could further influence volatility. Spot buyers are stepping in, indicating long-term conviction remains intact amidst short-term fluctuations.
US Federal Reserve chair Kevin Warsh says he will stick by 2% inflation target, vows to bring in real-time economic data for making interest rate decisions
Federal Reserve Chairman Kevin Warsh declared unwavering commitment to the 2% inflation target, signaling no monetary policy easing despite President Trump’s calls for rate cuts.