On the U.S. Dollar front (DXY), the recent increase in U.S. interest rates have helped move USD higher, but the January reversal appears to be stalling as the Fed’s campaign of hawkish rhetoric begins to subside and the market moves out expected interest rate cuts to start sometime into Q2 of this year.

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• Source: https://www.coindesk.com/markets/2024/02/09/vibe-check-momentum-building-coindesk-indices-todd-groth/?utm_medium=referral&utm_source=rss&utm_campaign=headlines