Dovish Fed remarks lift crypto as ETF flows surge
Cryptocurrencies surged as markets reacted to dovish comments from a Fed official highlighting potentially disinflationary U.S. trends, alongside easing bond yields and massive ETF inflows.
WASHINGTON (dpa-AFX) - Cryptocurrencies surged ahead on Friday as global markets cheered the dovish comments from a Fed official that spotlighted the potentially disinflationary trends in the U.S. economy.
The repricing of Fed rate hike expectations, the easing in bond yields, the massive inflows t…