The Daily Bullion: Crypto sells off, dollar firms
Crypto leads markets lower as every top faller is a token, while the dollar firms against the euro, pound and Aussie and metals slide.
Crypto leads markets lower as every top faller is a token, while the dollar firms against the euro, pound and Aussie and metals slide.
Dogecoin jumped 4.43% to lead a broad crypto bid while Hong Kong's Hang Seng fell 2.27%; Bitcoin held above $85,800 and European stocks firmed.
Crypto tops the board at the open β Dogecoin +4.43%, Cardano +3.41%, Bitcoin near $85,848 β while FX majors sit flat and Hang Seng sheds 2.27%.
Gold leads at $4,180.99, up 1.3%, as U.S. crude sinks 4% and the dollar firms against the majors. Bitcoin holds $83,375 while the alt tail slides.
Litecoin jumps 16.24% at the open, leading a broad rally in smaller tokens while Bitcoin holds near $84,400 and the dollar firms against the majors.
Oil jumps 3-4% while crypto sells off hard β Polkadot -10%, Uniswap -9.7%, Bitcoin near $84,400 β and the dollar firms against euro, pound and Aussie.
Polkadot leads a crypto bounce while crude drops over 3% and the dollar firms across the majors. Here's where markets stand at the open.
Crypto opens deep in the red with XRP down 9.75% and XTZ off 9.61%, while USOil rallies 2.9% back above $100. The dollar firms into the session.
Crypto opens firm with Stellar up 9.23% and XRP up 7.75%, while gold, silver and oil ease and the dollar edges higher against the majors.
Brent and WTI ran higher into the New York close while the Nasdaq 100 led US equities lower and Tezos spiked over 10%.
Crude surges over 6.5% while platinum, silver and gold slide. Bitcoin Cash drops 10%, the dollar firms and equities open lower across the board.
The yen strengthened broadly with USD/JPY down 1.2%, while Polkadot led crypto up 8.9% and Solana slid. Metals and oil edged higher into the close.