London Wrap: European indices rally as yen firms across the board
European equities close broadly higher led by the Euro Stoxx 50, while the yen strengthens across FX and crypto sees Polkadot and Cardano outperform.
European equities close broadly higher led by the Euro Stoxx 50, while the yen strengthens across FX and crypto sees Polkadot and Cardano outperform.
Polkadot, Tezos and Cardano top the board while the yen firms across the majors and European equities open the week on the front foot. Here's where markets stand.
Crypto markets reacted unevenly to the US ISM Manufacturing PMI released at 14:00 UTC, with Cardano leading the moves and most other tokens barely shifting.

A descriptive technical read of Cardano (ADAUSD) at 0.1887, covering trend, RSI momentum, ATR volatility, and nearby swing levels. Not investment advice.
Oil dropped more than 6% overnight while Cardano jumped 8.5% and US indices firmed. Here's where the majors and crypto stand at the start of the session.

A descriptive technical read of Cardano (ADAUSD) at $0.173: trend, RSI, ATR volatility and swing levels versus its moving averages and 52-week range.

A descriptive technical read of GRTUSD at 0.0141, trading below all major moving averages with a depressed RSI of 22.4 and multi-timeframe declines.
The yen swept higher across the board while the Nasdaq 100 jumped 3% and Uniswap led crypto up 11% into the New York close on July 31.

A descriptive technical read of Cardano (ADAUSD) at $0.1701, covering trend structure, RSI momentum, ATR volatility, and nearby swing levels. Not advice.
The yen firmed across every major cross while Uniswap jumped 11% and equity indices ran higher. Here is where the majors and crypto stand at the open.
US Advance GDP and Core PCE landed at 12:30 UTC on July 30. Bitcoin Cash led a broadly muted crypto reaction, rising 0.73% over the hour that followed.
Crude tumbled almost 4% to lead the day's losers while precious metals sagged and the Dow closed up nearly 1%. Here's the US session close in the numbers.