Dogecoin price crossed $0.40 on Friday, after a weeklong consolidation that saw DOGE tumble 13% from last week’s peak.
Silver price recovered some ground on Friday and reclaimed the $31.00 a troy ounce, boosted by falling US Treasury bond yields and despite a firm US Dollar.
Cardano (ADA) surged 24% to $0.98 on Friday following rising weekly active addresses, increased open interest and spot buying pressure.
The NZD/USD pair extended its losses on Friday, declining by 0.54% to 0.5830, its lowest level since early November.
The Canadian Dollar (CAD) waffled into the midrange on Friday, testing into the low side but ultimately getting hamstrung as Canadian data comes in mixed and gets overshadowed by sentiment-bolstering US data prints.
The AUD/USD declined just below 0.6500 as the market is focused on the US Dollar's strength.
Gold price rallies to a new two-week high on Friday during the North American session as US Treasury bond yields drop.
Tokenomist data on Friday revealed that the crypto market is set for a $475 million supply hike next week, led by SUI, Optimism and Zetachain (ZETA), with unlocks of $231 million, $64 million and $35 million worth of their tokens, respectively.
Ethereum (ETH) trades near $3,300 on Friday as on-chain data shows investors' profit-taking has weighed down on its price.
The Dow Jones Industrial Average (DJIA) has snapped its recent soft patch, extending its midweek bullish pivot into a firm Friday performance.
In Friday's session, the US Dollar Index (DXY) declined slightly after reaching a new two-year high amidst geopolitical instability.
The Mexican Peso retreats for the third straight day versus the US Dollar, although economic data suggests the country’s economy grew in the third quarter while inflation edged lower.
The downturn in Gold prices underscored by sharp liquidations from macro funds lined up exceptionally well with historical patterns surrounding drawdowns associated with macro fund liquidations from extreme levels, averaging between 7-10% over the last decade, TDS’ Senior Commodity Strategist Daniel Ghali notes.
The EUR/CAD extended its losing streak to four sessions, falling to a low since February on Friday.
WSPN, a stablecoin infrastructure company based in Singapore, has teamed up with Polygon Labs to make its stablecoin, WUSD, more useful in payment and decentralized finance.
The Pound Sterling extends its losses against the Greenback for the third straight day, is down 0.47% after UK Flash PMIs and Retail Sales data disappointed investors.
GBP/ZAR has formed a temporary bottom after a steep sell-off.
Bitcoin (BTC) reached a new all-time high of $99,419, just inches away from the $100K milestone and has rallied over 9% so far this week.