In a volatile period for financial markets, climbing bond yields are contributing to a downturn in stock markets, which has subsequently led to a depreciation in cryptocurrency values. The release of the Personal Consumption Expenditures (PCE) price index met predictions, indicating a potential rise.
Continue Reading:Fed Turmoil Impacts Cryptocurrency Valuations
Source: https://en.bitcoinhaber.net/fed-turmoil-impacts-cryptocurrency-valuations
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