Bitcoin, Ether Drop as Analysts Fear Fed Minutes Will Dash Hopes for 2023 Easing

Risk assets may see renewed volatility if the minutes further push back against the dovish expectations. “A further rejection of this market pricing should help the dollar,” ING analysts said. “Favor DXY pushing up the 107.00 area.” The DXY, short for the U.S. Dollar Index, is currently around 106.70.

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