Straits Times Index
3,240.58 +49.87 (+1.56%) Nikkei
26,739.03 +336.19 (+1.27%) Hang Seng
20,717.24 +596.56 (+2.96%) FTSE 100
7,389.98 +87.24 (+1.19%) BTC-USD
30,095.72 +811.82 (+2.77%) CMC Crypto 200
650.34 -23.03 (-3.42%)
Gold Dec 23 (GCZ23.CMX)
- Reuters
Gold slips off 2-week peak as dollar ticks higher
Gold prices edged lower on Wednesday, slipping from a two-week high hit in the previous session, as the dollar reclaimed some ground, but uncertainty over the trajectory of inflation supported safe-haven bullion's outlook. While gold is often seen as a hedge against inflation, higher short-term U.S. interest rates raise the opportunity cost of holding bullion, which yields nothing.
- CoinDesk
First Mover Asia: Bitcoin Dominates but Altcoins Lurk
Although Terra's collapse has raised existential questions about the future of DeFi, some traders appear to be preparing for a return to altcoins; BTC remains rangebound below $30,000 in Tuesday trading.
- CoinDesk
Market Wrap: Cryptos Decline Amid Bearish Sentiment
Bitcoin (BTC) and other cryptos traded lower on Tuesday. Bearish sentiment remains at extreme levels among crypto traders, and analysts expect a period of lower returns.
