Fed official Hammack stated that the current data does not provide an urgent justification for a rate cut.
The U.S. and the EU have reached an agreement on a joint statement summarizing their trade deal.
At the time of writing, Bitcoin (BTC) is trading at $113,216, while Ethereum (ETH) is priced at $3,342.
The Fear and Greed Index stands at a neutral level of 46.
Key developments to watch today:
General Crypto Event: The OnChain Summit will begin in San Francisco.
