Bitcoin’s price action on June 24, 2024, indicates a clear bearish trend. Hovering around $ 61,171, bitcoin has fluctuated between $ 60,580 and $ 64,384 in the past 24 hours. BTC’s market cap is $ 1.21 trillion, with a trading volume of $ 19.12 billion, reflecting significant market activity despite …
Fed Chair Powell’s Hawkish Tone Rattles Markets as Inflation Concerns Persist
Amid an uncertain economic landscape, Federal Reserve Chair Jerome Powell’s recent remarks have amplified the debate on the sufficiency of prevailing interest rates. Even with robust gross domestic product growth, Powell’s address indicated the Fed’s stern stance, as he noted the central bank is “not confident” its restrictive policies have sufficed. Federal Reserve Chair Admits […]