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EUR/USD pressured toward 1.17 on Evergrande crisis
EUR/USD is extending its losses, falling toward 1.17. The safe-haven dollar is in demand as the crisis around China's Evergrande deepens and a global slowdown is feared. Tensions toward the Fed decision and also Germany's elections are taking their toll too.
GBP/USD tumbles under 1.37, succumbing to dollar strength
GBP/USD is trading under 1.37, suffering from robust dollar demand. The financial woes of China's Evergrande threaten a drop in global demand. Soaring energy prices are also weighing on sentiment. The Fed and the BOE are eyed later this week.
Four reasons why XRP price will crash to $0.65
XRP price set up a swing high on August 15 and breached this local top to create a new one on September 6. However, the second attempt failed as the market experienced massive selling pressure the next day. Now, Ripple is continuing to head lower with no signs of recovery.
AVAX to overtake Solana as analysts expect Avalanche to surge to $100
Total value locked has increased nearly ten times since the announcement of the $180 million incentives program Avalanche Rush. The layer-one blockchain ecosystem has technical upgrades lined up over the next few weeks.
SafeMoon price puts 32% crash on radar as bulls prepare for damage control
SafeMoon price has slid below a crucial support level that could indicate that a steep decline is on the horizon. SAFEMOON could be heading for a 32% drop as the buyers continue to retreat, leaving the altcoin to slide lower.