Here are the highlights of the developments OF CRYPTO AND USA :
đč The US dollar continues to crush all currencies, metals, and indices with a strength unprecedented in 2023.
đč This strength for the dollar follows a statement by a member of the US Federal Reserve, Bowman, yesterday, confirming that the Fed will move towards raising interest rates again this year.
đč This caused gold to bleed and fall near the psychological barrier at the 1800 levels.
đč The Reserve Bank of Australia, as expected, maintains interest rates at 4.10%, which is negative for the Australian dollar.
đŽ Job Openings and Labor Turnover Survey (JOLTS) released:
đ Previous: 8.920M đ Estimate: 8.800M âïž Current: 9.610M
Result: Positive impact on the US dollar.
đą Update on the Ripple XRP case against the US SEC as of October 3, 2023.
đ„JPMorgan warns:
The rise in bond yields in this manner could lead to a global financial crisis.
#BTC #JPMorgan #yields #USdollar $BTC $BNB $ETH