Apr 22 Financial Morning Briefing

U.S.-Iran negotiations break down, the blockade remains in place, and risk-averse sentiment supports Big Pie and Small Pie to hold up better in the short term;

The Federal Reserve stays relatively more dovish on the anti-inflation front along with rate-cut expectations, and a weaker U.S. dollar is favorable for the crypto space; domestically, the rollout of 6G and the Internet of Things supports on-chain technology-related tokens. Near term, price action is volatile but tilted higher—keep an eye on geopolitical developments and the Federal Reserve’s policy signals.$ETH $BTC