Cryptocurrency Price Today: Bitcoin Price Over $21,000, Ether, Solana in Green; Full List
“From a Macro perspective, Fed Chair Powell testified in Congress stating that bringing down Inflation remains the Fed’s primary concern, as several Fed representatives came out to support another 75 bps interest rate hike in July. Asian markets digested his remarks well and were all in green, with 1 percent gains. European indices are sharply higher today with French CAC 40 leading the region, up 2.2 percent. The primary reason for the jump is the sharp fall in copper prices and commodity prices in general, signaling a slowdown in rising inflation rates. US new home sales data will be released on Friday and will be keenly watched by market observers," added Chaturvedi.