- U.S. Dollar Index Slips Ahead of Key Economic Data
- 10-Year U.S. Treasury Yield Hovers Below 5%
- Nigeria Money Market Braces for ₦800bn Treasury Bills Auction
- Excess Liquidity in Banking System Rises to N6.94trn, Rates Mixed
- Fitch Affirms Ireland at ‘AA’ Rating with Stable Outlook
- DMO Raises N2trn from Bonds to Fund Nigeria’s Budget Deficit
- XRP Rises as Investors in Korean Markets Bet on Altcoins
- NVIDIA Tokenised Stock Rises on Fresh Buying Momentum
News
The U.S. dollar index (DXY) slipped to around 101.6 on Monday, extending its recent decline against crosses ahead of key economic data.
Ethereum (ETH) price jumped by about 11% to $2,114.01 on Wednesday, significantly outperforming the broader market rally, driven primarily by a macro-fueled short squeeze.
Bitcoin (BTC) price rose 5.30% to $68,102.19 on Wednesday, outperforming the broader market rally and showing a strong correlation with Gold, suggesting a macro-driven move.
Ripple (XRP) gained 6% in 24 hours to $1.06 on Wednesday, slightly outperforming Bitcoin, primarily driven by a combination of positive company news and a strong market-wide rally.
The Nigerian Exchange (NGX) declined on Wednesday, with market capitalisation falling by about N556 billion amid sustained selling pressure on the local bourse.
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