Ether jumps 5.3% as altcoins outpace bitcoin, MSCI rules hit Strategy
Ether rose 5.31% to $2,455 and altcoins outpaced bitcoin at $81,882, as Fear & Greed climbed to 63 and MSCI adopted rules that could oust Strategy.
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Ether rose 5.31% to $2,455 and altcoins outpaced bitcoin at $81,882, as Fear & Greed climbed to 63 and MSCI adopted rules that could oust Strategy.
Bitcoin rebounded to $82,135 after its first dip below $80,000 in a month, while Fear & Greed slid to a neutral 53 and Russia set a P2P trading ban.
Bitcoin briefly fell below $80,000 for the first time in a month as a Kospi plunge and Fed hike bets drove nearly $1 billion in crypto liquidations.
Bitcoin fell 1.87% to $81,562 as the hot US CPI drag lingered, while Sberbank and Standard Chartered moved to offer bitcoin trading to clients.
Bitcoin dropped 2.02% to $81,886 after a hotter-than-expected US September CPI report, while total crypto market value fell 4.25% to $2.773 trillion.
Bitcoin traded at $83,325, up 2.3% in 24 hours, as Strive raised more cash for bitcoin, Ledger paused Asian sales and Fear & Greed rose to 62.
The dollar slipped on AI debt worries and headed for its first weekly loss in five, while US import prices rose 1.1% and eurozone CPI was confirmed at 3.8%.
Eurozone September CPI was confirmed at 3.8% with no revision as the dollar slipped on AI debt worries. We explain flash versus final data for new traders.
The dollar slipped as US yields kept falling despite hot PPI, the euro had its best day in two months and New Zealand's factory PMI jumped to 56.5.
US September PPI came in at 6.3% against 5.3% expected, yet the dollar slipped as yields fell. We use the day to explain producer prices for new forex traders.
The dollar eased from 18-month highs even as US PPI hit 6.3% against 5.3% expected and retail sales beat, while sterling rose on stronger UK growth data.
AUD/USD's ECB fixing fell 1.41% to 0.6911, the biggest move among majors. We use the drop to explain volatility and how to measure it for new forex traders.
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