Fed rate hike expectations cool down; bitcoin, ethereum, and gold continue their rebound
BlockBeats News, July 6 — After Federal Reserve Chairman Kevin Warsh stated that inflation risks are easing, the market is betting that the Fed will delay further rate hikes, and Bitcoin, gold, and silver prices have risen. Meanwhile, the US dollar remains stable, with traders expecting the dollar to stay firm ahead of the release of the Fed’s FOMC meeting minutes, awaiting further monetary policy signals.
According to data from an exchange, as of press time, the spot price of Bitcoin is $63,640.1, up 0.93% in 24 hours; the spot price of Ethereum is $1,786.6, up 0.4% in 24 hours.
According to data from Bitget, the spot price of gold is $4,172.2, up 1.21% in 24 hours.
Disclaimer: The content of this article solely reflects the author's opinion and does not represent the platform in any capacity. This article is not intended to serve as a reference for making investment decisions.
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