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DXY: The Dollar Thermometer in Global Markets
The Dollar Index (DXY) is the key benchmark for measuring the strength of the US dollar (USD) against a basket of six global currencies: the euro (EUR), the Japanese yen (JPY), the British pound (GBP), the Canadian dollar (CAD), the Swedish krona (SEK), and the Swiss franc (CHF).
This index is fundamental in financial markets, as a rise in the DXY indicates a stronger dollar, which can negatively impact assets such as gold, Bitcoin, and commodities. Conversely, a weak dollar tends to boost investment in these safe-haven assets.
Currently, the movements of the DXY are influenced by the monetary policy of the Federal Reserve, inflation in the US, and geopolitical uncertainty. For traders and investors, tracking this index is key to anticipating trends in currencies, stocks, and cryptocurrencies.
📊 Where do you think the DXY is headed?
#DXY #USD #EUR #JPY #CAP
The Dollar Index (DXY) is the key benchmark for measuring the strength of the US dollar (USD) against a basket of six global currencies: the euro (EUR), the Japanese yen (JPY), the British pound (GBP), the Canadian dollar (CAD), the Swedish krona (SEK), and the Swiss franc (CHF).
This index is fundamental in financial markets, as a rise in the DXY indicates a stronger dollar, which can negatively impact assets such as gold, Bitcoin, and commodities. Conversely, a weak dollar tends to boost investment in these safe-haven assets.
Currently, the movements of the DXY are influenced by the monetary policy of the Federal Reserve, inflation in the US, and geopolitical uncertainty. For traders and investors, tracking this index is key to anticipating trends in currencies, stocks, and cryptocurrencies.
📊 Where do you think the DXY is headed?
#DXY #USD #EUR #JPY #CAP
Cap raises $8M in a Seed funding round
#Cap secures $8M in a Seed funding round co-led by Franklin Templeton Digital Assets and Triton Capital, with participation from GSR, Flow Traders, Laser Digital, IMC, RockawayX, Superscrypt, Selini Capital, CMCC Global and others. The funding round follows a $1.1M community round, partially executed on the echo platform.
Cap is a stablecoin engine designed to free users from the cycle of endogenous models by generating redeemable stablecoins in various denominations.
👉 x.com/capmoney_/status/1909239494445854976
#Cap secures $8M in a Seed funding round co-led by Franklin Templeton Digital Assets and Triton Capital, with participation from GSR, Flow Traders, Laser Digital, IMC, RockawayX, Superscrypt, Selini Capital, CMCC Global and others. The funding round follows a $1.1M community round, partially executed on the echo platform.
Cap is a stablecoin engine designed to free users from the cycle of endogenous models by generating redeemable stablecoins in various denominations.
👉 x.com/capmoney_/status/1909239494445854976
BTC
$24,698.98
Ξ: 14.61627800
H|L: 24,743.00|22,102.00
1h -0.23% 😕
24h 11.55% 🎉
7d 7.51% 🍻
Cap: 1st | $476.2B
Vol: $46.8
#Binance #btcupdate #volume #cap
$24,698.98
Ξ: 14.61627800
H|L: 24,743.00|22,102.00
1h -0.23% 😕
24h 11.55% 🎉
7d 7.51% 🍻
Cap: 1st | $476.2B
Vol: $46.8
#Binance #btcupdate #volume #cap
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Why are these altcoins trending today?
The cryptocurrency market is currently going through difficult times: activity has decreased, trading volumes are falling, and investors seem to be frozen in anticipation. But, as they say, even fish are caught in troubled waters! Amid the general decline, some altcoins have pulled ahead, becoming the real stars of today.
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