Cryptocurrency Live News & Updates : Dow Jones Rises 400 Points After Trade Deal
U.S. stocks surged on July 23, with the Dow Jones gaining 370 points following a trade agreement with Japan and potential EU negotiations, while Trump introduced a new AI action plan. The U.S. stock market experienced a significant rally on July 23, with the Dow Jones climbing 370 points, driven by a newly inked trade deal with Japan that lowers tariffs to 15%. This positive sentiment extended to the S&P 500 and Nasdaq, although the latter saw only modest gains. In the crypto space, Hedera Hashgraph (HBAR) is facing potential corrections after failing to maintain key support levels, with analysts predicting a drop to around $0.18. Meanwhile, BNB has also seen a slight decline, trading at 768.76 USDT. In a notable development, Brazil's VERT has launched a private credit solution on the XRP Ledger, marking a significant step in tokenization efforts in the region. This initiative aligns with broader trends in the financial sector, as major firms explore blockchain technology for asset management. Additionally, Senator Cynthia Lummis criticized Fed Chair Jerome Powell over his handling of Operation Chokepoint 2.0, which has implications for the cryptocurrency industry. As the market navigates these developments, traders are advised to monitor key price levels and regulatory shifts closely. Show more
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