Bitcoin Dips Below $67K; Stocks Cautious Ahead of Powell Testimony on Rates Outlook
• Bitcoin slipped 1.3% to under $67,000 after just missing a new record high on Monday • US stock futures dropped as traders await Fed Chair Jerome Powell's testimony to Congress • Powell's comments could offer clues about future interest rate policy amid high inflation • China set a 5% GDP growth target for 2022, but admitted it won't be easy to achieve • Hong Kong stocks fell 2.6% in reaction to China's modest economic growth forecast