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Bitcoin (BTC) Price Holds at $35,000 as Fed Softens on Rate Hikes

Bitcoin (BTC) Price Holds at $35,000 as Fed Softens on Rate Hikes
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Oil Drops After Israel s Gaza Ground Offensive Starts Cautiously

(Bloomberg) Oil fell after Israel committed forces to Gaza with a more cautious approach than initially vowed, bolstering speculation the fighting may remain contained despite rhetoric from Iran.Most Read from BloombergIsrael Latest: Biden, Netanyahu Plan to Talk Within HoursIsrael Deepens a War With Hamas That Has No End in SightHow This Israel-Hamas Conflict Is Like Nothing That’s Happened BeforeGM Hit With More Strikes While Stellantis Reaches Deal With UAWThe World’s Iron Ore Powerhouse I

stock selection: Expect consolidation this week, stock selection remains key: Aamar Deo Singh of Angel One

Investors are advised to adopt a cautious approach due to uncertainties in the financial markets. Nifty and Bank Nifty experienced a correction, along with global markets, as concerns over the Israel-Hamas crisis and US Fed Chairman Powell s speech weighed on the markets. Next week, investors will watch out for the US Fed Chairman s speech, ECB rate decision, US GDP estimates, and the quarterly earnings of major companies. Midcap and small-cap stocks have performed well, but investors should be selective and consider booking profits. Volatility may increase in the future.

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