EBC Daily Snapshot Jul 10, 2024

The dollar rose Wednesday after Fed Chair Powell said a rate cut won't happen until the Fed is confident inflation is heading to the 2% target.

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The crypto market takes a break from its decline

The crypto market takes a break from its decline

Sentiment has slightly improved but remains in extreme fear, suggesting caution. Bitcoin is trading around $91K, with buyers stepping in below $90K, though the broader downtrend continues with no clear catalyst for reversal.
FxPro | 47 minutes ago
The crypto market takes a break from its decline

The crypto market takes a break from its decline

Sentiment has slightly improved but remains in extreme fear, suggesting caution. Bitcoin is trading around $91K, with buyers stepping in below $90K, though the broader downtrend continues with no clear catalyst for reversal.
FxPro | 47 minutes ago