March 13, 2025 12:40 pm
Key moments The yen is trading slightly above 147.90, achieving a climb following several days of notable value loss. Escalating global trade tensions have boosted demand for the yen. Rising Japanese bond yields, driven by the BOJ’s rate normalization, have attracted investors. Yen Rounds After Dip Below 147.60 The Japanese yen found a degree of […]
Read moreMarch 13, 2025 8:01 am
Key moments Thursday saw Bitcoin’s price rise above $83,000 following the release of encouraging U.S. inflation figures. Data from the U.S. Bureau of Labor Statistics shows inflation rose by 0.2% in February. Concerns over trade disruptions and the potential for an economic downturn continue to affect Bitcoin. Bitcoin Surged Past $84,000, Buoyed by Positive U.S. […]
Read moreMarch 13, 2025 6:56 am
Key moments GBP/USD reaches a four-month peak of 1.2989, driven by weakened US Dollar. US inflation data fuels speculation of Federal Reserve rate cuts, impacting Dollar value. UK housing market shows signs of cooling, with RICS Housing Price Balance declining. GBP/USD Maintains Strong Position Amid Diverging Economic Signals The GBP/USD currency pair has demonstrated sustained […]
Read moreMarch 12, 2025 3:25 pm
Key moments The EUR/USD pair has stayed near the $1.09 threshold, while the dollar index has yet to hit $104. The dollar index’s inability to break the $104 barrier is attributed to concerns over President Trump’s tariffs. The euro was supported by Ukraine’s agreement to a U.S.-proposed 30-day ceasefire and growing confidence in German fiscal […]
Read moreMarch 12, 2025 1:21 pm
Key moments Solana experienced price fluctuations on Monday, hitting a $130 peak after dipping below $124. Solana’s price has dropped 8% below its “Realized Price,” a key indicator of investor cost basis. This comes as the SEC delays ETF decisions for Solana and other altcoins until May, adding to existing market uncertainty. Solana Managed to […]
Read moreMarch 12, 2025 1:13 pm
Key moments Active XRP addresses plummet from 530,000 to 123,000, indicating a sharp decline in investor participation. XRP holds above $2.00, with $2.14 acting as a crucial support level despite a 22% correction. XRP faces resistance at $2.33, while a drop below $2.14 could lead to a further decline to $1.94. Declining Investor Participation and […]
Read moreMarch 12, 2025 11:38 am
Key moments The New Zealand Dollar fell to around $0.57 on Wednesday, briefly dipping below that level. Trump’s unpredictable tariffs have increased risk aversion and negatively impacted the NZD. New Zealand’s electronic card transactions rose 0.3% to NZD 6,528 million in February. New Zealand Dollar Struggles as Market Sentiment Turns Sour The New Zealand Dollar […]
Read moreMarch 12, 2025 8:24 am
Key moments Indian Rupee experiences an uptrend during the Asian trading session. Potential RBI intervention and a weaker US Dollar provide support to the INR. Market focus shifts to the release of Indian and US CPI inflation reports. Indian Rupee Strengthens Ahead of Key Inflation Data The Indian Rupee (INR) has shown signs of strengthening […]
Read moreMarch 12, 2025 7:49 am
Key moments Bitcoin’s value jumped by 7.5% on Wednesday, reaching $82,910 temporarily. Despite the short-lived rise, Bitcoin’s price returned below $82,000, failing to maintain upward momentum. Selling pressure is intensifying as short-term holders liquidate their holdings at a loss. Bitcoin’s Price Falls Back Below $82,000 Amid Ongoing Instability The cryptocurrency landscape remains turbulent as Bitcoin’s […]
Read moreMarch 12, 2025 7:32 am
Key moments Ongoing technical difficulties impede KYC verification and mainnet migration for Pi Network users. Pi Coin experiences a 12% decrease in value within a week, trading at approximately $1.55. Community anticipation for a Binance listing remains high, despite no official announcement from the exchange. Pi Network Faces Migration Hurdles and Listing Uncertainty The Pi […]
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