By Latest News
Friday’s strong US jobs data puts pressure on the Federal Reserve to pursue a hawkish monetary policy, boosting the US Dollar and its 2-year treasury yield.
BTC/USD is continuing its recent slow but firm rise, being held by a bullish price channel. Its price is approaching a new high for August.Daily new coronavirus cases globally dropped last week for the third consecutive week, reversing the earlier trend of an increasing number of confirmed cases.It is estimated that 67.2% of the world’s population has received at least one dose of a coronavirus vaccination, while approximately 7.5% of the global population is confirmed to have contracted the virus at some time, although the true number is highly likely to be much larger. Total confirmed new coronavirus cases worldwide stand at over 589.5 million with an average case fatality rate of 1.09%. The rate of new coronavirus infections appears to now be most significantly increasing in Barbados, Chile, Japan, South Korea, Romania, and Serbia.
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