New York Wrap: Metals firm, crypto sells off
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.
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%.
Silver sank 5.7% to lead a metals rout into the New York close, while the Nasdaq 100 shed 2% and crypto turned broadly red across the board.
Silver led a broad metals selloff, sinking 5.7% as platinum and palladium slid; the dollar firmed and the Nasdaq 100 fell 2% into the London close.

Silver (XAGUSD) trades at 55.61, down 5.7% on the session and below its 20-, 50- and 200-day averages, with RSI at 28.5 and volatility subdued.
Crypto led the US close with Tezos +8.49% and Uniswap +8.14%, while silver, platinum and palladium fell and the dollar softened across most majors.
Platinum rose 2.38% and silver 2.11% to lead a broad metals rally into the US close, with Cardano up 4.46% as the day's top gainer.

Platinum (XPTUSD) trades at 1691.69, up 2.38% on the session, 42% below its 52-week high, RSI 43.2, downtrend on daily and weekly frames.
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.
Precious metals sold off across the board β platinum, palladium, silver and gold all lower β while US and European equities closed firmly higher.
Gold rose 1.3% and silver firmed as crude sank over 4% and Europe's bourses slipped, with the IBEX off 1.21% and crypto leading the losers.
Crude oil jumped over 3% while Polkadot, Uniswap and Dogecoin led a crypto sell-off and platinum, silver and gold retreated as the dollar firmed.