New York Wrap: crypto routed as dollar firms
Crypto led the US-session selling as Tezos, Polkadot and Uniswap each fell over 7%, platinum and palladium slid hard, and the dollar firmed broadly.
Crypto led the US-session selling as Tezos, Polkadot and Uniswap each fell over 7%, platinum and palladium slid hard, and the dollar firmed broadly.
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.

GRTUSD at 0.0269, down 6.92% on the session; RSI 54.5 and price 27% above its 50-day, while the weekly chart sits below its 50-week line.
Crypto leads markets lower as every top faller is a token, while the dollar firms against the euro, pound and Aussie and metals slide.
US stocks closed higher with the S&P 500 at 7,826 as crude firmed near $100; crypto lagged, with UNIUSD down 5.75% and bitcoin easing to 85,559.
Uniswap led the reaction to the Fed's FOMC Meeting Minutes, with UNIUSD down 0.70%, while Polkadot and The Graph firmed and other majors held.
Crude pushed back toward $100 and the dollar softened into the London close, while UNI led a broadly red crypto board down 5.75%.

UNIUSD trades at 8.5575, down 5.75% on the session and back below its 20-day average while still holding well above the 50-day line.
FOMC meeting minutes land at 18:00 UTC, giving markets the full debate behind the last Fed decision as dollar-quoted crypto pairs trade lower, led by UNI.
The Nikkei leads the open at 70,824.86, up 1.21% and 47.93% on the year, as the dollar softens across the majors and crypto turns broadly red.

Stellar (XLMUSD) trades at $0.21556, down 3.61% on the day, in a daily uptrend but 47.44% below its 52-week high with a neutral 55.1 RSI.
Cardano jumps 3.51% and Polkadot 2.58% as crypto splits, Stellar down 3.61%; the dollar holds firm, Asian indices lead and crude slips.