Here are the highlights of the developments OF CRYPTO AND USA :
🔹 The US dollar continues to crush all currencies, metals, and indices with a strength unprecedented in 2023.
🔹 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.
🔹 This caused gold to bleed and fall near the psychological barrier at the 1800 levels.
🔹 The Reserve Bank of Australia, as expected, maintains interest rates at 4.10%, which is negative for the Australian dollar.
🔴 Job Openings and Labor Turnover Survey (JOLTS) released:
🔘 Previous: 8.920M 🔘 Estimate: 8.800M ✔️ Current: 9.610M
Result: Positive impact on the US dollar.
💢 Update on the Ripple XRP case against the US SEC as of October 3, 2023.
🔥JPMorgan warns:
The rise in bond yields in this manner could lead to a global financial crisis.
#BTC #JPMorgan #yields #USdollar $BTC $BNB $ETH