- NVIDIA Tokenized bStocks Down on Broader Crypto Selloffs
- XRP Lost 7% as Investors Take Quick Profits in Altcoins
- Naira Climbs as Interbank FX Turnover Declines by 80%
- Nigerian Exchange Indicators Surge as Investors Gain N779bn
- XRP Hovers at $1.30 as Ripple Says Customers, Partners Increase 3x
- Sterling Financial Bolsters Earnings, Grows Profit by 37% to N97.28bn
- South African Rand Steadies as Investors Digest Fed Rates Decision
- Nigeria’s 20-Year US Dollar Bond Yield Falls to 8.50%
News
NVIDIA Tokenized bStocks (NVDAB) is down 1.54% to $210.30 in 24h, underperforming a broadly weaker crypto market primarily driven by a macro-driven sell-off in Bitcoin.
Ripple (XRP) price is down 6.95% in 24 hours to $1.23 on Thursday, underperforming a broader market decline and driven mainly by a sector-wide altcoin retreat.
The naira climbed against the US dollar at the Nigerian Foreign Exchange Market (NFEM) on Thursday, the third straight rally since the beginning of the week.
Ethereum (ETH) price is struggling to rebound after slipping 8% to $1,730 on Thursday amid bearish action driven by relentless institutional selling via spot ETFs and a cascade of leveraged long liquidations.
Cardano price (ADAUSD) plunged 13.51% to $0.188 over 24h, underperforming the broader market downturn, driven primarily by escalating ecosystem distress and negative sentiment.
Ripple (XRP) price is down 7.04% in 24 hours to $1.15, underperforming a broader market sell-off primarily driven by a wave of forced selling from leveraged long positions.
Bitcoin price (BTCUSD) is down by 6.3% over 24 hours to $62.919 on Thursday, driven by sustained institutional selling pressure. With about $60 billion in transaction value, Bitcoin’s decline is rooted in institutional exits and exacerbated by the unwind of derivatives.
Oil prices are softer in the global commodity market on Thursday following reports of a ceasefire deal between Lebanon and Israel, which boosted hopes for a broader agreement to end the US-Israeli conflict with Iran that could potentially lead to a reopening of the Strait of Hormuz.
South African Rand (ZAR) stabilises against crosses on Thursday after the local unit struggled to hold value against the US dollar amid strengthening geopolitical tensions.