- 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
PayPal’s (PYSUD) stablecoin is gaining momentum through corporate restructuring, market growth, and deeper financial integrations.
Solana (SOLUSD) has gained about 2% to $84.18, modestly outperforming a flat altcoin market on optimism over Western Union’s move to launch a stablecoin on the network.
Avalanche (AVAXUSD) climbed to $9.17 amidst positive investor sentiment, modestly trailing a broader market rally, primarily driven by Bitcoin’s 2.69% gain on positive macro sentiment.
Ripple (XRP) price climbed 2% to $1.40, modestly outperforming a flat broader altcoin market, primarily driven by momentum from its flagship conference.
Bitcoin (BTC) price climbed about 2% to $77,108.65, outpacing a flat broader market, primarily driven by a pause in institutional selling pressure.
XRP is up 0.78% to $1.38 over the past 24h, modestly rising alongside a broader market rally but underperforming Bitcoin’s 2.02% gain ahead of Las Vegas conference.