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.
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%.
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.
Crude climbed nearly 2.5% into the US close while crypto led losses, with Uniswap down 10%, Nasdaq softening and the dollar firm against most majors.
US stocks closed firmer β S&P 500 +0.58%, Nasdaq 100 +0.64% β as Cardano led crypto gainers while crude oil slid over 1.5% into the New York close.
Brent and WTI ran higher into the New York close while the Nasdaq 100 led US equities lower and Tezos spiked over 10%.
Oil led the majors with WTI up 1.42% while the Nasdaq 100 slipped 0.73%. Crypto stayed mixed as UNI surged 9.57% and MATIC dropped 7.64%.
US stocks closed higher led by the Nasdaq 100's 1.29% gain, while gold eased 0.76% and the dollar firmed broadly against majors.

A descriptive technical read of the Nasdaq 100 (UT100) at 29587.88: trend structure, RSI, ATR and where price sits in its 52-week range. Not advice.
Ethereum climbs 2.23% and the Nasdaq 100 adds 1.29% as crypto stays firm, while gold eases 0.76% and the dollar edges up across majors.
Crude fell nearly 5% and crypto majors slid across the board while Wall Street closed higher, led by the Nasdaq 100 and Nikkei.
Bitcoin firmed 1.56% to $78,934 while Dogecoin and XRP led an altcoin pullback. The Nasdaq 100 fell 1.18% as US tech lagged.