The Daily Bullion: XRP leads crypto, palladium sinks
XRP leads a broad crypto bounce (+3.79%) as palladium slides 2.3% and FX majors stay quiet; Hang Seng lags into the European morning.
XRP leads a broad crypto bounce (+3.79%) as palladium slides 2.3% and FX majors stay quiet; Hang Seng lags into the European morning.
Every crypto CFD closed higher, led by XTZUSD +4.66% and GRTUSD +4.24%, as Wall Street firmed and the dollar softened; palladium was the day's weakest.
Crypto led as the London session closed β XTZ +4.7%, Bitcoin +1.2% β with European equities higher, the dollar softer and silver up 1.9%.
Crypto leads the open as XTZ jumps 4.66% and Bitcoin holds above $82,800, while a softer dollar lifts sterling and palladium lags the metals.
The dollar opens firm with USD/JPY at 158.49 as the DAX and FTSE both fall over 1.4%, while crypto's gains cluster in UNIUSD and Polkadot.
Altcoins lead crypto lower β GRT, Polkadot and XTZ all down over 4.7% β while platinum, palladium and silver catch a bid and the dollar holds firm.
Silver tumbles 5.7% and the dollar firms across the majors at the open, while Bitcoin slips to $81,782 and the Nasdaq 100 sheds 2% into the session.
XTZ and UNI jump about 8% to lead a broadly green crypto board, while silver, platinum and palladium drag the metals complex lower and the dollar softens.
Crypto opens broadly lower with UNI off 10.23% and Bitcoin near 82,828, while oil jumps over 2% and the dollar firms against euro and pound.
Tezos jumps 5% to lead a broad crypto bounce as FX majors hold flat and crude slips; Hang Seng climbs 2.1% while Bitcoin steadies near $83,300.
Crypto opens broadly lower with UNI down 10% and Bitcoin near $81,600, while oil jumps over 2% and the dollar holds steady across the FX majors.
Crypto led a broad risk-off London session, with Tezos and Polkadot down 7.6% and the dollar firming against the euro, pound and Nordic currencies.