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Bitcoin plummets 5.50% on fading Fed rate cut expectations

Bitcoins price dropped by 5.60% to $66,650 due to fading enthusiasm in the crypto market. US manufacturing showed growth in March after 16 months of contraction, raising expectations that the Federal Reserve may not cut rates in June. Bond traders adjusted expectations for monetary policy easing.
Sam Bankman Jerome Powell Federal Reserve Institute For Supply Management Supply Management Bitcoin Price Today

BRICS' new step to end US dollar dominance

The BRICS bloc of emerging economies is considering developing an independent payment system based on digital currencies and blockchain to reduce reliance on western financial systems.The BRICS bloc of emerging economies is considering developing an independent payment system based on digital currencies and blockchain to reduce reliance on western financial systems.
South Africa United States Yury Ushakov Federal Reserve Deputy Foreign Minister Mahdi Safari American Federal
Source: presstv.ir

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