Tag: dollar

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Weaker Dollar and Diversification Drive Global Investors Toward Emerging Markets, says Finnfund

International investors are now allocating funds to emerging market (EM) assets at the fastest pace seen in years. The primary drivers behind this major...

Iran war cancels crypto events and hits multi-million dollar Formula 1 partnerships

The ongoing war in the Middle East hasn’t just disrupted the flow through the Strait of Hormuz, but it has also hit a plethora...

Bitcoin tops $72,000 as crypto rallies despite stronger dollar: Crypto Markets Today

Bitcoin BTC$71,859.13 rose through $72,000 during European hours on Friday, rising by 2% since midnight UTC and outpacing gains in U.S. equity indexes.Futures on...

BTC defies rising dollar, oil and yields, holds above $71,000 as macro pressures mount

Bitcoin BTC$72,301.23 rose above $71,500 on Friday, outperforming U.S. equities even as the dollar strengthened and oil prices remained elevated as the war with...

Stablecoin Fintech KAST Raises $80M Series A to Build Global Digital Dollar Payments Platform

Stablecoin-powered fintech platform KAST has secured $80 million in Series A funding as investors place fresh bets on digital-dollar infrastructure designed to move money...

The $300 billion digital dollar boom could eat into traditional banks’ profits, warn Jefferies analysts

There is a war going on between crypto firms and traditional banks over stablecoins, and Jefferies analysts said that they could become a steady...

US Dollar Climbs to Multi-Month Highs as Iran Conflict and Oil Spike Rattle Markets

The U.S. dollar is flexing its muscles in early March as geopolitical tensions and rising energy prices have been sending investors scrambling for what...

BTC slips below $68,000 as dollar posts steepest weekly gain

Bitcoin BTC$67,690.58 fell to $67,960 by Saturday morning, down 3.4% over the past 24 hours and retreating sharply from the past week's high. The...

Bitcoin Dips as U.S. Dollar Spikes to 6-Week High

Global markets pulled back while crude oil surged as the Iran conflict entered its fourth day.Crypto markets retraced some of Monday’s gains amid the...

Bitcoin bounces above $65,000 as dollar weakens and double-bottom hopes build

A broad uptick across tokens arrived alongside a softer greenback and a rally in Asian equities, though analysts remain split on whether the Feb....

Bitcoin’s Divergence From Nasdaq Is a Warning on Dollar Liquidity: Arthur Hayes

In brief Bitcoin’s decline is diverging from Nasdaq’s sideways movement, flashing a warning signal according to Maelstrom fund's Arthur Hayes. Hayes estimates $330 billion in...

Record Dollar Bearishness Sparks Bitcoin Correlation Debate

The U.S. dollar is heading for a weekly loss as bearish positioning hits record lows, but bitcoin’s shifting correlation with the dollar index is...