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CBA limits crypto payments, but tech-stock rally could lift Bitcoin and pals
It’s nervy, mixed emotions time for those who dabble and/or dive deep into crypto investing. The CBA has thrown some more crap news into the mix locally, but there’s still hopium around a tech-stock-rally wake ride and a Fed pause in June. The latter point there centres around the market seemingly pricing in a June pause to the US Federal Reserve’s interest-rate hiking, albeit with the strong potential for another increase in July. This is what “they” are saying, according to Eddy “Market Highlights” Sunarto. The CME FedWatch tool, a sentiment predictor of sorts, is currently predicting a 72.5% chance ... (full story)