Bitcoin and Ethereum extended losses as macroeconomic concerns, ETF outflows and geopolitical uncertainty weighed on investor sentiment. More than $400 million in leveraged crypto positions were liquidated, while analysts warned markets could remain volatile amid inflation worries and shifting Federal Reserve expectations.
Fed’s Jefferson urges patience on rates; Kashkari sees more hikes ahead
Federal Reserve Vice Chair Philip Jefferson stated that he sees no immediate need for further interest rate adjustments. He emphasized that future decisions would depend