Bitcoin price drops by 4% to $54,800 and Ether by 7.1% to $2,322 amid U.S. stocks turning lower from a strong early advance.
Bank of Japan's Deputy Governor's dovish comments initially boosted markets, but the bullish trend faded later in the day due to underlying concerns.
JPMorgan CEO expresses skepticism about the Fed's ability to return inflation to target due to factors like deficit spending and the green economy shift.
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