Investors focus on Fed path, stocks were oversold, bitcoin above USD 30k – MarketPulse

US stocks are playing a game of dizzy bat as traders remain divided with recession calls and when the Fed could be in a position to pause their interest rate hikes.

Earlier in Europe, stocks were supported as oil prices softened on expectations OPEC+ would ramp up production in July.

Bitcoin will get its groove back once bearish sentiment on Wall Street improves, but that will likely take several more weeks.

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