India, June 30 -- Cryptocurrencies extended losses in the past 24 hours amidst the U.S. Dollar's recent strength that dampened appetite for risk assets including cryptocurrencies. Lingering concerns about rate hikes by the Federal Reserve also weighed on sentiment.
Uncertainty also prevailed as markets tried to gauge the full import of the Bitcoin sale plan announced by Strategy Inc. on Monday. Bitcoin traded between $60,682 and $58,926 in the past 24 hours. Overall crypto market capitalization has decreased a little less than a percent during the same period.
Also in the crypto market's spotlight are the JOLTs data release scheduled for Tuesday morning, comments from Fed Chair Kevin Warsh at the ECB Forum on Central Banking on Wednesday ...