David Solomon, CEO of Goldman Sachs, expressed doubts about the Federal Reserve cutting interest rates this year due to the resilient economy, bolstered by government spending and investments in AI infrastructure. Despite these factors, Solomon highlighted the impact of rising prices on consumer behavior, referencing recent reports from McDonald’s and Autozone indicating reduced spending. He […]
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Key TakeawaysBitcoin slipped to about $80,698 on Oct. 24, below its 50-day average near $81,784.Coinglass-tracked liquidations hit $495.74M in 24 hours, with $318M coming from long positions.The Oct....
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