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US PMI Drop Puts Pressure on Bitcoin and Crypto Market Amid Cooling Business Activity /
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2024-04-29 14:56:32

US PMI Drop Puts Pressure on Bitcoin and Crypto Market Amid Cooling Business Activity on Nostr: Bitcoin and Ether Prices Drop Amid Fears of Stagflation in the US Economy ...

Bitcoin and Ether Prices Drop Amid Fears of Stagflation in the US Economy
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#4b5de303 ver:0.33

Bitcoin and Ether prices drop as fears of stagflation in the US economy grow. Bitcoin is trading near $62,400, down 2.5% in 24 hours, while Ether is down 3% at $3,200. Slower growth and persistent inflation weaken the likelihood of rate cuts by the Federal Reserve. The launch of Bitcoin ETFs in Hong Kong attracts attention, but mainland Chinese investors cannot trade them. #Bitcoin #Ether #stagflation #USeconomy...

#newstr #Bitcoin #Ether #Stagflation #UsEconomy #CryptocurrencyMarket #Ethereum

https://here.news/story/4b5de303?ver=0.33
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