#dollarfallsto10weeklow
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｜Risk-Off Sentiment Builds as Bitcoin Holds Above USD 64,000 and Dollar
Rebounds
📈
Market Brief: Risk appetite remains pressured by U.S.-Iran tensions and concerns over a potential Strait of Hormuz disruption. EUR/USD fell to
around 1.1575, ending a three-day rally, while the U.S. dollar rebounded from a two-month low. AUD bulls showed caution near 0.7100. USD/INR eased toward 95.67 after reaching a three-week high of 95.85 amid possible RBI intervention. Geopolitical tensions increased as South Korea’s President Lee warned the country must prepare for a “worst-case scenario.” In equities, Microsoft gained 18% in a week after Azure annual revenue surpassed USD 100B for the first time.
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Crypto + ETF: Bitcoin (BTC) trades at USD 64,182.51, briefly breaking above USD 64,000 while most major tokens declined. Ethereum (ETH) trades at USD 1,894.21. The Ethereum Foundation warned that some tools may fail after the Glamsterdam upgrade introduces a new fee model and urged developers to test on the Plataberget testnet. XRP slipped below USD 1 to around USD 0.99 despite Jeonbuk Bank adopting Ripple Payments; whether flows use XRP or RLUSD remains unclear. Solana trades near USD 75.68 and BNB near USD 603.04. Bitcoin miners have reduced around one-fifth of computing power over three quarters to shift toward AI, signaling a broader industry transformation.
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Macro, Commodities & RWA: Gold prices declined in India as the dollar strengthened. USD/CHF moved toward 0.8116 as markets await FOMC minutes. A U.S. 20-year Treasury auction will test demand as global bond yields remain at their highest levels since Bitcoin’s creation, potentially pressuring risk assets. The SEC is reportedly preparing a tokenized asset framework, which could provide regulatory clarity and support further RWA ado
$JCT
$OPN
$TUT
📡
｜Risk-Off Sentiment Builds as Bitcoin Holds Above USD 64,000 and Dollar
Rebounds
📈
Market Brief: Risk appetite remains pressured by U.S.-Iran tensions and concerns over a potential Strait of Hormuz disruption. EUR/USD fell to
around 1.1575, ending a three-day rally, while the U.S. dollar rebounded from a two-month low. AUD bulls showed caution near 0.7100. USD/INR eased toward 95.67 after reaching a three-week high of 95.85 amid possible RBI intervention. Geopolitical tensions increased as South Korea’s President Lee warned the country must prepare for a “worst-case scenario.” In equities, Microsoft gained 18% in a week after Azure annual revenue surpassed USD 100B for the first time.
💰
Crypto + ETF: Bitcoin (BTC) trades at USD 64,182.51, briefly breaking above USD 64,000 while most major tokens declined. Ethereum (ETH) trades at USD 1,894.21. The Ethereum Foundation warned that some tools may fail after the Glamsterdam upgrade introduces a new fee model and urged developers to test on the Plataberget testnet. XRP slipped below USD 1 to around USD 0.99 despite Jeonbuk Bank adopting Ripple Payments; whether flows use XRP or RLUSD remains unclear. Solana trades near USD 75.68 and BNB near USD 603.04. Bitcoin miners have reduced around one-fifth of computing power over three quarters to shift toward AI, signaling a broader industry transformation.
🛢️
Macro, Commodities & RWA: Gold prices declined in India as the dollar strengthened. USD/CHF moved toward 0.8116 as markets await FOMC minutes. A U.S. 20-year Treasury auction will test demand as global bond yields remain at their highest levels since Bitcoin’s creation, potentially pressuring risk assets. The SEC is reportedly preparing a tokenized asset framework, which could provide regulatory clarity and support further RWA ado
$JCT
$OPN
$TUT