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%.

XTZUSD trades at 0.2876, up 4.66% on the session, holding above its 50- and 200-day averages; RSI is a neutral 52.4 and range position near 21%.
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.
European equities led the Oct 20 selloff β DAX, FTSE and IBEX each off more than 1.3% β while the S&P 500 closed flat and gold slipped 1.06%.

Cardano (ADAUSD) last 0.2171, down 1.59% on the session: above its 200-day average yet sitting in the lower 14% of its 52-week range.
US equities and precious metals firmed into the New York close while crypto sold off β platinum +1.3%, GRT -5.81%, bitcoin near $80.9k.
Platinum (+1.3%) and palladium (+1.11%) topped the board as London closed, while crypto led the losers with GRTUSD off 5.81% and Polkadot down 4.95%.

GRTUSD last traded at 0.0227, down 5.81% on the session and 70% below its 52-week high, with RSI at 40.6 and a fifth straight lower close.
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.
Brent and WTI led into the close with gains near 3%, while Tezos, Polkadot and the broader crypto board slid and the Nasdaq 100 fell 2%.