- NGX to Introduce Volume-Based Price Rules in Major Market Reform
- FX Spread Surges as Naira Depreciates Across FX Markets
- U.S. Consumer Momentum Slows as Inflation Squeezes Incomes
- Burundi Economy Improves, Inflation Sinks to 8.6% from 45% – IMF
- United Nations Urges Africa to Boost Domestic Funding
- US Dollar Hits 1-Year High on US Fed Hawkish Rates Bets
- Nigerian Exchange Sheds N2.18trn as Dangote Companies Dip
- XRP Price Dips 6.2% on U.S. Federal Reserve Rates Hike Bets
Cryptocurrency
XRP price is down 6.21% to $1.13, underperforming a broadly lower market, primarily
Bitcoin (BTC) price is up 0.65% to $80,391.92, moving in line with a broader market that gained 1.09% amid US job growth that beat and dimmed geopolitical tensions.
Stoked by negative sentiment, Bitcoin (BTC). Ethereum (ETH) and Ripple (XRP) prices declined on Friday amid US-Iran tensions, triggering a fresh cryptocurrency selloff.
Ripple (XRP) price has lost about 3% over the last 24 hours to $1.39 amid sell-offs triggered by investors exiting their Bitcoin positions. The world’s largest digital asset has posted significant gains since last week, and altcoins have followed suit.
Bitcoin (BTC), Ethereum (ETH), and Ripple (XRP) prices declined, fueling sell pressures in altcoins after a previous rally that lifted the market cap of all digital assets.
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