New York Wrap: every crypto name closes higher

Every one of the 16 crypto CFDs on the board closed higher, and the day’s two largest gainers came from the same corner: XTZUSD rose 4.66% to 0.2876 and GRTUSD added 4.24% to 0.0246.

Crypto

The strength was broad rather than concentrated. Dogecoin climbed 2.64% to 0.0816, Cardano 2.44% to 0.2229, XRP 2.17% to 1.33 and Stellar 2.12% to 0.18102. Ethereum gained 1.9% to 2,450.31, Bitcoin 1.22% to 82,826.14, Litecoin 1.88% to 60.71 and Solana 1.48% to 106.43, with BNB up 1.12% to 739.36.

The session green sits inside a much softer stretch. Bitcoin is still down 4.35% on the month and 23.56% on the year; Cardano, despite today’s bounce, is off 65.34% over twelve months. Only BCHUSD (+5.46% on the month) and GRTUSD (+5.13%) hold positive month-to-date.

Metals

Palladium was the single weakest instrument across all 83 names, down 1.15% to 1,102.26 and 16.35% lower on the month. Silver went the other way, up 1.89% to 57.95 and 3.99% on the week, while platinum added 1.14% to 1,653.67. Gold eased 0.19% to 4,124.31, holding near flat on the week (+0.30%) but down 5.59% over the past month.

Equities and the dollar

Wall Street finished firmer. The Dow rose 1.04% to 52,602.72 and is up 1.87% on the week; the S&P 500 added 0.50% to 7,741.00 and the Nasdaq 100 0.42% to 29,685.66. Europe was stronger still — the IBEX 35 gained 1.23%, the DAX 0.96% to 25,462.33, the Euro Stoxx 50 0.65% and the CAC 40 0.54%. London’s FTSE 100 added 0.39% to 10,763.75 and Tokyo’s Nikkei 225 closed 0.71% higher. The Hang Seng was the lone major index lower, off 0.41%.

The dollar softened across the board. Sterling led the majors, up 0.53% to 1.3379 and 1.14% on the week, while EUR/USD firmed 0.19% to 1.12337. USD/SEK fell 0.49%, USD/ZAR 0.40% and USD/NOK 0.35%.

Palladium stays the session’s clear weak spot — down 16.35% on the month while silver and platinum firmed around it.