- US, European Markets Rise as Global Risk Appetite Improves
- XRP Rebounds on Ripple Banking Partnership for RLUSD
- Oil Dips as IEA Members Agree on Emergency Stocked Crude Release
- Bitcoin Rises, MSCI Rule Targets Strategy Exclusion from Global Index
- EU Leaders Call for Measures to Tackle Soaring Energy Prices
- World Bank Mobilises $112bn Private Capital to Boost Job Creation
- FG Approves Health Insurance for Prison Inmates
- Human Capital, Nigeria’s Greatest Resource Not Oil — Tinubu
News
US and European equities markets rose as global risk appetite improved, despite a sharp slowdown in AI a
The equities market extended its bullish run on Tuesday, with the Nigerian Exchange (NGX) All-Share Index (ASI) advancing by 0.53% to close at 244,697.62 points.
With a double-digit decline in its trading volume on Tuesday, Ripple (XRP) has been significantly sold off, with a 22% decline in market price over the last 30 days.
Cardano price (ADAUSD) dipped by about 3% to $0.1658 on Tuesday, driven by a risk-off move across crypto amid extreme fear. Trading volume is down 16% with $243 million in transaction value.
Bitcoin price (BTCUSD) fell by about 4% on Tuesday to $61.6k, driven by a technical breakdown below key support levels amid persistent institutional selling pressure.
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