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With the price of Bitcoin reclaiming the $60k level, the crypto market has experienced a strong bullish recovery over the past few hours. Moreover, the memecoin category has recorded the highest gains with many tokens recording a surge of up to 3 digits. Following this, investors are turning optimistic about the memecoin mania and a
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AUD/USD attracts some intraday sellers on reports that China will cut mortgage rates this month. Diminishing odds for a larger Fed rate cut underpins the USD and further contributes to the slide. Bets for the start of the Fed’s policy-easing cycle, the upbeat mood caps the buck and lends support. The AUD/USD pair retreats around