Crypto Falls as Stocks Reverse Early Gains Amid Fed Rate Cut Speculations
Crypto and stocks fall mid-afternoon as inflation worries and recession fears rise. Bitcoin drops 4%, Ether down 7.1%.
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Crypto and stocks fall mid-afternoon as inflation worries and recession fears rise. Bitcoin drops 4%, Ether down 7.1%.
India's government assesses crypto risks without immediate regulations. Policy on digital assets expected by September 2024.
Asian stocks recover from losses, led by Nikkei's surge following BOJ rate comments. Gains limited due to global economic concerns.
New Zealand's rising unemployment and low wage growth bolster expectations for an interest rate cut by year-end.
The dollar steadies against the yen, reversing recent losses, as market volatility eases and investors reassess carry trades.
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