- 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
Ethereum (ETHUSD) declined by about 2% in 24 hours to $2,289.09, underperforming a slight market-wide pullback amid a broader crypto sell-off.
Ripple (XRP) price broke below $1.40 on Tuesday, underperforming the broader market dip and primarily driven by correlated selling pressure with Bitcoin.
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Bitcoin Cash (BCHUSD) price dipped 0.96% to $448.10 on Monday, underperforming a slightly weaker Bitcoin, amid a risk-off rotation away from altcoins ahead of a major Federal Reserve policy decision.
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