Market Insights
Daily News | Fed Remarks and Interest Rate Fears Weigh on Global Equities, Crypto Prices Hold Steady, CFX Jumped 30% on Securing New Funding
Yazar:Gate.io Researcher: Peter L.
02 March 10:13
Rising borrowing costs in the US are affecting markets worldwide, with global stocks expected to decline in anticipation of higher interest rates following hawkish remarks from Fed officials. Meanwhile, crypto prices were slightly up, with Conflux, a Layer 1 blockchain developer, jumping 30% on news of securing new funding.