India’s economy is projected to slow down to a 6.6% growth rate in FY27, affected by rising crude prices, weaker monsoon rains, and increasing inflation, according to a recent report.
Bitcoin’s ongoing slide deepens with significant institutional outflows and macroeconomic uncertainties fueling concerns over further declines in its value.
The Crypto Fear and Greed Index fell to 12, signaling extreme fear as Bitcoin dipped to $61,100 and major cryptocurrencies faced steep losses amid sustained ETF outflows.
Analysts suggest gold’s potential rally may signal a retail-driven altcoin surge, highlighting a scenario where the crypto market’s next big phase bypasses Bitcoin dominance.
Bitcoin dropped below $60,000 amid shifting investor focus and liquidity changes, continuing its downward trend from last year’s peak above $126,000.
The Senate has passed a $70 billion immigration funding bill, sparking debate over Justice Department allocations linked to the January 6 Capitol attack.
Bitcoin’s price continues downward pressure, breaking below key support levels on the Rainbow Chart and signaling potential further decline toward $51,000.
Job creation accelerates with over 188,000 new monthly positions amid shrinking foreign labor participation and rising factory output, signaling a strong post-recession economy.
Professional investors reduced their Bitcoin exposure significantly during the first quarter, driven by hedge funds and brokerages, while banks and strategic allocators increased their holdings.
U.S. stocks fell sharply after robust job growth stoked fears of prolonged higher interest rates, triggering a steep decline in tech shares and rising Treasury yields.