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The EUR/USD pair has spent most of the last trading session of the day stuck around 1.1700. Upbeat US Durable Goods Orders spurred modest demand for high-yielding assets.
GBP/USD is trading at around 1.37, as sterling shrugs off the drying up of some petrol stations due to Brexit-related lorry driver shortages.
Daily trade volume on Avalanche's top decentralized exchange, Trader Joe, is over two times that of competitors. Avalanche's multi-million dollar funding initiatives for attracting decentralized applications has triggered a spike in the token's on-chain activity. Gas consumption by layer-2 protocols is driving Ethereum transaction fees higher.
The Shiba-Inu-themed cryptocurrency’s utility is rising with news of AMC’s adoption of DOGE as a payment method. Traders are now anticipating a reduction in transaction fees and a recovery in DOGE.
Bitcoin price continues to record lower highs as a consolidation pattern has emerged. BTC has recovered nearly 9% since the September 24 low, which saw the leading cryptocurrency plunge 10% following China’s reiteration of a harsh crackdown on cryptocurrencies.