Here are the highlights of the developments OF CRYPTO AND USA :

šŸ”¹ The US dollar continues to crush all currencies, metals, and indices with a strength unprecedented in 2023.

šŸ”¹ 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.

šŸ”¹ This caused gold to bleed and fall near the psychological barrier at the 1800 levels.

šŸ”¹ The Reserve Bank of Australia, as expected, maintains interest rates at 4.10%, which is negative for the Australian dollar.

šŸ”“ Job Openings and Labor Turnover Survey (JOLTS) released:

šŸ”˜ Previous: 8.920M šŸ”˜ Estimate: 8.800M āœ”ļø Current: 9.610M

Result: Positive impact on the US dollar.

šŸ’¢ Update on the Ripple XRP case against the US SEC as of October 3, 2023.

šŸ”„JPMorgan warns:

The rise in bond yields in this manner could lead to a global financial crisis.

#BTC #JPMorgan #yields #USdollar

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