View full page at cryptocraft.com

 

Cryptocurrencies swept with solid gains

From economies.com

Most cryptocurrencies gained ground on Thursday as the risk appetite rebounded ahead of important US inflation data. The Federal Reserve remains cautious about amending interest rates, with a laser focus on bringing inflation towards 2%, while US consumer prices data for April are awaited next week. According to the Fedwatch tool, there’s a 91.3% chance the Federal Reserve will maintain interest rates unchanged at the June meeting, and a 66.9% chance of no change in the July meeting, and a 49.7% chance of no change in September. Similarly, the Bank of England announced no changes in interest rates today at 5.25%, ... (full story)

Story Stats

  • Posted:
  • Category: Fundamental Analysis