Markets continue to be wary as interest rate meeting looms in coming weeks
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City AM
City AM
By Darren Parkin Bitcoin is trading just below $27k this morning – a level it held over the weekend – with Ether following a similar pattern, still holding above $1.8k. While the majority of crypto is in the red today, some analysts have noted the resilience of the crypto markets in the face of ongoing uncertainty from various corners of the global economy. Speaking of uncertainty, the next Fed meeting is scheduled for June 13 and 14 where they will decide whether to raise rates or keep as is. Federal Reserve officials have intimated they may skip a rate hike in the coming meeting, giving them…