Dollar Steady, Bitcoin Holds Gains Ahead of Expected Spot ETF Approval

Dollar Steady, Bitcoin Holds Gains Ahead of Expected Spot ETF Approval

A decline in US consumer inflation expectations kept the dollar rally in check on Tuesday as traders reaffirmed their bets for a slew of Federal Reserve rate cuts this year. In cryptocurrencies, bitcoin held near its strongest level since April 2022 on growing anticipation the Securities and Exchange Commission will…