ABU DHABI/WAM The UAE has announced that it will host the 2029 Annual Meetings of …
Read More »Bitcoin retakes $38,000 while rate cut expectations rise
BLOOMBERG Bitcoin climbed back above $38,000 amid optimism the US central bank may be closer to lowering borrowing costs if inflation continues to decline. The largest cryptocurrency by market value gained as much as 3.3% to $38,264 before trimming the increase. Bitcoin reached an 18-month high of $38,422. Lower rates generally increase investors’ appetite for riskier assets such as digital …
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