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EUR/USD stays below 1.1000 ahead of Fedspeak
EUR/USD moves sideways in a tight range below 1.1000 on Monday. The data from the Eurozone showed that Retail Sales rose by 0.2% on a monthly basis in August as forecast, failing to boost the Euro. Investors await comments from Fed officials.
GBP/USD struggles to recover above 1.3100
GBP/USD stays under bearish pressure and trades in the red below 1.3100 on Monday, erasing early gains. The pair is undermined by a negative shift in risk sentiment but the downside remains limited as the US Dollar struggles to build on previous week's gains.
Crypto Today: Bitcoin, Ethereum, XRP gain slightly on Monday, traders prepare for US macro release this week
Bitcoin hovers around the $63,000 level on Monday, almost flat in the day. Ethereum ranges around the psychologically important $2,500 level as creator Vitalik Buterin pledges 100 Ether to support Tornado Cash developer.
Is “Uptober” here for Bitcoin?
Bitcoin stabilizes at around $63,000 on Monday. US spot Bitcoin ETF experienced outflows week-on-week. NYDIG report highlights that Bitcoin remains the best-performing asset this year, with a 49.2% year-to-date gain.
Why Bitget’s exchange token slumped 50% on Monday, what to expect from BGB
Bitget’s exchange platform token BGB suddenly erased 50% of its value on Monday, slipped to a low of $0.5344. The reason behind the slump is currently unknown; the OKX exchange token was in a similar situation in January 2024.