March 24, 2025 9:37 am
Key moments Bitcoin’s valuation escalated to almost $87,500 on Monday. This upward movement is partly attributable to shifting market interpretations of U.S. trade measures. Metaplanet purchased 150 BTC, worth $12.6 million. Bitcoin Jumps 1.64% Amid Shifting Market Sentiment The cryptocurrency market experienced a surge on Monday, with Bitcoin’s value climbing to nearly $87,500, marking a […]
Read moreMarch 24, 2025 8:08 am
Key moments Monday saw the EUR/USD pair reaching 1.0844 The Dollar Index fell 0.17%, dropping under 104. Heightened market unease concerning upcoming trade policies has affected the performance of the U.S. dollar. USD Under Pressure, Struggles Against Euro as Dollar Index Drops 0.17% The foreign exchange market witnessed notable shifts on Monday as the Euro […]
Read moreMarch 23, 2025 1:11 pm
The GBP/RUB currency pair registered a second straight week of losses and settled above Tuesday’s 39-week low of 105.315 in the wake of the Bank of England’s and the Bank of Russia’s policy decisions. The Bank of Russia (CBR) left its key policy rate without change at a record high of 21% at its March […]
Read moreMarch 22, 2025 4:07 pm
The GBP/CHF currency pair has snapped a streak of five consecutive weekly gains, as investors assessed the Bank of England’s and the Swiss National Bank’s policy decisions. The SNB lowered its policy rate by 25 basis points to 0.25% at its March meeting, as it cited low inflationary pressures and “heightened downside risks” to inflation. […]
Read moreMarch 22, 2025 8:39 am
The GBP/SEK currency pair settled almost flat for the week in the wake of the Bank of England’s and Riksbank’s policy decisions. Sweden’s Riksbank left its key policy rate intact at 2.25% at its March meeting, highlighting a largely unchanged inflation and GDP growth outlook. Policy makers said they expected inflation would remain above the […]
Read moreMarch 21, 2025 3:45 pm
Key moments Ethereum’s price hit the $1,949.5 mark on Friday, a 1.67% decrease. Investors are growing increasingly concerned with Ethereum’s inability to maintain a value of above $2,000. The Ethereum-based decentralized finance (DeFi) platform Zoth experienced a security breach on Friday, with $8.85 million in assets being stolen. Hackers Raid Zoth for $8.85M as Ethereum […]
Read moreMarch 21, 2025 2:29 pm
The USD/RUB currency pair has rebounded from recent 91-week low of 81.03, as the Bank of Russia kept borrowing costs on hold, in line with market consensus. The Bank of Russia (CBR) left its key policy rate without change at a record high of 21% at its March meeting, while it noted that further tightening […]
Read moreMarch 21, 2025 2:16 pm
Key moments The EUR/GBP exchange rate saw a slight increase, rising by 0.11% to 0.8378. The Bank of England’s recent decisions have significantly influenced the pound’s movements. UK government borrowing rose to £10.7 billion in February, marking a £100 million increase compared to February 2024. Euro Gains Against Pound Amidst Economic Uncertainty On Friday, the […]
Read moreMarch 21, 2025 10:58 am
Key moments Bitcoin’s price slumped to $83,974 on Friday. The expiration of Bitcoin options, totaling over $1.8 billion, contributed to the market instability. Investor apprehension was intensified by ongoing uncertainty regarding U.S. interest rates and the potential consequences of increased trade tariffs. Bitcoin Price Under Pressure Amid Options Expiry and Economic Uncertainty Bitcoin’s price fell […]
Read moreMarch 21, 2025 10:45 am
Key moments The value of the Pound Sterling decreased against the US Dollar, approaching 1.2920, due to the Federal Reserve’s decision to keep interest rates unchanged. Due to the Trump administration’s policy implementations, the Federal Reserve has identified a notably high degree of uncertainty in the US economic forecast. Anticipation of reciprocal tariffs imposed by […]
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