The post United States Dollar Index extends losses as US and Iran attempt to resume talks appeared on BitcoinEthereumNews.com.
The US Dollar Index (DXY) is trading lower for the third consecutive day on Friday. A tense calm in Iran and news that mediating countries are working to bring Washington and Tehran back to the negotiating table are allowing a mild appetite for risk and weighing on the safe-haven US Dollar (USD). The Dollar Index, which measures the value of the Greenback against a basket of six peers, is trading at 100.75 at the time of writing after bouncing from levels a few pips shy of the last three weeks’ low of 100.56. US and Iranian forces have paused the tit-for-tat strikes launched over the previous two days while Qatar and Pakistan work to resume the peace process. A US official cited by CNN affirmed earlier on Friday that the US has been striking and then pausing deliberately to avoid escalation and let diplomacy work. The rebound in oil prices benefits the USD Tra
The post Gold Retreats 1.8% Amid Middle East Tensions and Rising Rate Expectations appeared on BitcoinEthereumNews.com.
Key Takeaways Spot gold declined 0.6% Friday to settle at $4,101.11 per ounce, marking a 1.8% weekly decrease President Trump ended the Iran ceasefire and authorized additional military operations Surging crude prices are fueling inflation concerns, increasing market expectations for a 2026 Fed rate increase Elevated interest rates diminish gold’s attractiveness by raising opportunity costs for the zero-yield asset Silver plunged more than 4% over the week; platinum showed resilience with just a 0.3% weekly drop Precious metals faced downward pressure on Friday, with gold headed for a weekly decline as heightened military tensions between the United States and Iran combined with mounting interest rate concerns. Spot gold decreased 0.6% to reach $4,101.11 per ounce. Gold futures contracts fell 0.8% to $4,108.90. Weekly performance showed spot gold declining approximate
The post Bitcoin tops $64K as improving risk sentiment boosts crypto market recovery appeared on BitcoinEthereumNews.com.
Key takeaways Bitcoin (BTC), Ethereum (ETH), and XRP extended their recovery as geopolitical concerns eased. Market sentiment improved after US President Donald Trump said Iran had reached out to discuss a potential agreement. Bitcoin has surpassed the key $64,000 resistance level, with a breakout potentially strengthening the short-term outlook. Bitcoin (BTC) extended its recovery on Friday, climbing above the $64,000 level as improving investor sentiment supported a broader rebound across the cryptocurrency market. The recovery comes after geopolitical concerns eased following comments from US President Donald Trump, who said Iran had contacted the United States to discuss a potential agreement. The remarks fueled hopes of reduced tensions in the Middle East, encouraging investors to return to risk assets. The positive sentiment also helped Ethereum (ETH) edge cl
The post Bitcoin jumps 3% as oil falls, but $65,000 caps the rebound appeared on BitcoinEthereumNews.com.
Bitcoin has climbed about 3% to $64,300 after crude oil dropped below $72, and reports that the United States and Iran would continue peace talks revived risk appetite across crypto markets. Summary Bitcoin climbed above $64,300 as falling oil prices and renewed U.S.-Iran talks revived risk appetite. A $79.5 million short squeeze helped drive the rally, with $65,000 remaining the key resistance. Analysts say a breakout above $65,000 could target $68,000, while rejection may send BTC back toward $62,000. The rebound followed two volatile sessions in which fresh U.S. strikes on Iranian targets and Tehran’s attacks on American bases pushed WTI crude toward $75 and drove Bitcoin down toward $62,500. President Donald Trump had declared the interim ceasefire “over,” but subsequent reports of continued negotiations helped oil extend Thursday’s losses. WTI still remained on course for a we
Key takeaways Bitcoin (BTC), Ethereum (ETH), and XRP extended their recovery as geopolitical concerns eased. Market sentiment improved after US President Donald Trump said Iran had reached out to discuss a potential agreement. Bitcoin has surpassed the key $64,000 resistance level, with a breakout potentially strengthening the short-term outlook. Bitcoin (BTC) extended its recovery on […]
The post Bitcoin tops $64K as improving risk sentiment boosts crypto market recovery appeared first on CoinJournal.
Bitcoin has climbed about 3% to $64,300 after crude oil dropped below $72, and reports that the United States and Iran would continue peace talks revived risk appetite across crypto markets. The rebound followed two volatile sessions in which fresh…
The post British Pound surrenders early gains as US Dollar regains ground appeared on BitcoinEthereumNews.com.
The British Pound (GBP) gives back its early gains and turns almost flat around 1.3410 against the US Dollar (USD) during the European trading session on Friday. The GBP/USD pair falls back as the US Dollar regains ground amid fears that the restart of the war between the United States (US) and Iran would last long. US Dollar Price Today The table below shows the percentage change of US Dollar (USD) against listed major currencies today. US Dollar was the weakest against the Japanese Yen. USD EUR GBP JPY CAD AUD NZD CHF USD -0.02% -0.03% -0.44% -0.00% -0.04% -0.21% -0.06% EUR 0.02% -0.01% -0.41% 0.02% -0.03% -0.19% -0.04% GBP 0.03% 0.01% -0.39% 0.03% -0.02% -0.17% -0.04% JPY 0.44% 0.41% 0.39% 0.44% 0.40% 0.21% 0.36% CAD 0.00% -0.02% -0.03% -0.44% -0.04% -0.21% -0.07% AUD 0.04% 0.03% 0.02% -0.40% 0.04% -0.17% -0.06% NZD 0.21% 0.19% 0.17% -0.21% 0.21% 0.17% 0.13% CHF 0.06% 0.04%
The IRGC's vow of retaliation heightens geopolitical tensions, potentially destabilizing global markets and impacting energy and crypto sectors.
The post IRGC vows vengeance against US and Israel for Khamenei’s killing, escalating fears of wider Middle East conflict appeared first on Crypto Briefing.
The post Why are Oil prices taking a breather after rallying earlier this week? appeared on BitcoinEthereumNews.com.
West Texas Intermediate (WTI) Oil futures on NYMEX trade slightly lower to near $71.50 during the European trading session on Friday. The Oil price extends its correction after posting a fresh over two-week high at $75.73 on Wednesday. The black gold has come under pressure amid signs of de-escalation in the restart of the war between the United States (US) and Iran. Earlier in the day, a US official confirmed that technical talks with Iran continued, despite President Donald Trump declaring that the memorandum of understanding (MoU) with Tehran is over. US President Trump also said late Wednesday that he had a conversation with Iran, adding that the nation wants the deal badly. However, he doesn’t believe that Iran would honor the deal, CNBC reported. Meanwhile, the downside in oil prices will likely remain limited, as the exchange of attacks between the US and Iran are