Major cryptocurrencies have dropped by 2% or more in 24 hours as traders boosted bets of a July Fed rate hike. Major cryptocurrencies have dropped by 2% or more in 24 hours as traders boosted bets of a July Fed rate hike. The two-year U.S. Treasury yield jumped to its highest level since early last year amid renewed upswing in oil prices and U.S.-Iran tensions. Investors are focused on Tuesday’s consumer-price index report and Fed Chair Kevin Warsh’s congressional testimony, which could clarify…
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