Bitcoin reclaims $83,000 as stocks turn higher and ETF inflows return
Bitcoin rose 1.37% to $83,187 as stocks turned higher and BlackRock's IBIT drew $665 million, while France backed a tax on stablecoin swaps.
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Bitcoin rose 1.37% to $83,187 as stocks turned higher and BlackRock's IBIT drew $665 million, while France backed a tax on stablecoin swaps.
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Sterling rose after UK unemployment fell to 4.7% and lifted BoE hike bets, while a record Japanese bond auction sparked a yen rally and German PPI jumped.
GBP/USD's ECB fixing rose 0.12% to 1.3347 after UK unemployment fell to 4.7%. We use the release to explain labour market data for new forex traders.
US 10-year yields rose to 5.14% as oil reversed higher after US and Houthi attacks. The yen lagged, the Aussie led and French unrest hit the euro.
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The euro fell as unrest in France widened bond spreads, while China's 4.5% Q3 GDP beat lifted the Aussie and softer Canadian CPI eased pressure on the BoC.
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