- It was reported that crypto (virtual asset) market investors are maintaining a cautious stance ahead of the Senate hearing for Kevin Warsh, the Fed’s nominee for the next chair.
- The outlet said it analyzed that investors are staying on the sidelines because the direction of the Fed’s monetary policy could change depending on whether Warsh is confirmed.
- It noted that in the market, expectations for benchmark rate cuts are fading, with a rate hold and the possibility of hikes, as well as inflationary pressure from heightened tensions in the Middle East, cited as variables.
Forecast Trend Report by Period
Crypto (virtual asset) market…
