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One week ago today, I outlined my bias for bitcoin to bounce. And it didn’t disappoint, with a 7.5% rally within 24 hours. US CPI had come in line with expectations, which was a green light for risk appetite as it bought Fed cuts back into the mix. Bitcoin was given another leg higher on reports that the SEC may approve an Ether ETF, yet one week on I am ...
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Federal Reserve Governor Christopher Waller, citing a string of data showing that inflation appears to be easing, said Tuesday that he does not think further interest rate increases will be necessary. However, the policymaker added he will need some convincing before he backs cuts anytime soon. “Central bankers should never say never, but the data suggests ...