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EUR/USD resumes decline, hovers around 1.0700
Fed Chair Powell temporarily boosted optimism pushing EUR/USD to 1.0766 amid Powell saying that stronger-than-expected data will see the Fed raising rates accordingly. High-yielding assets gave up as Powell said another strong labor report would result in a higher terminal rate.
GBP/USD trades around 1.2000 in Powell’s aftermath
GBP/USD flirted with 1.2100 within FOMC Chairman Jerome Powell's speech, but quickly trimmed gains and hovers around the 1.2000 figure. The US Federal Reserve further cooled expectations of a rate cut by year-end.
Could Aptos price buckle under pressure and crash 55%?
Aptos (APT) price is pushing on the red descending trend line to trigger a breakout trade with a rally toward $20.36. The move is an outlier as the downtrend since the beginning of February has not finished one day in the green.
Cardano price looks overpriced, 17% nosedive likely for ADA
Cardano (ADA) traders need to face reality as markets are pivoting back toward a sticky inflation story, which contradicts the Goldilocks story that was the driving force in January.
Luna Classic gears up for recovery after Binance support and latest upgrade
Terra Classic (LUNC) formerly known as LUNA is upgrading from its v1.0.4 version to v1.0.5. The world’s largest exchange by volume, Binance has announced support for Luna Classic, fueling a bullish narrative among LUNC holders.