BTC Hovers Above $17k; Reddit NFT Mints Reach ATH
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The recent employment and wage figures surpassed forecasts and prompted traders to increase their wagers on when rates will peak in the current tightening cycle. After a strong close on Friday, Asian equities joined their US counterparts in rally, rising on Monday amid speculations of the further reopening of China from Covid restrictions. The dollar continued its decline versus most of its major counterparts, with a gauge of the currency’s strength reaching a five-month low.