The Japanese yen weakened past 162 per dollar, approaching a 40-year low, as traders tested the resolve of Japanese authorities to intervene in currency markets. The move comes as the U.S. dollar softened on shifting expectations for Federal Reserve rate hikes.
The South African rand traded flat against the U.S. dollar as markets look to upcoming Federal Reserve minutes for guidance on interest rates, with a quiet domestic calendar offering little direction.
The EOS cryptocurrency fell more than 15% on Saturday, marking its most significant single-day percentage decline since July 4, according to data from the Investing.com Index.
The EOS token surged more than 10% on Sunday, marking its largest single-day percentage increase in over six months, though it remains significantly below its 2018 peak.
Bitcoin held its ground above the $62,000 mark as investors assessed renewed momentum for a comprehensive U.S. cryptocurrency bill and signs of continued institutional interest in the digital asset.
Bitcoin gained nearly 2% on Thursday, climbing past the $63,000 level as investor risk sentiment improved following comments from President Trump that suggested a de-escalation of conflict between the U.S. and Iran.
A blank-check company backed by Cantor Fitzgerald and Bitcoin investment firm BSTR Holdings have scrapped their original merger deal, citing the need to negotiate new terms that reflect current market conditions.
Fitch Ratings has affirmed BlackRock TCP Capital's 'BB' rating but revised its outlook to Negative, citing concerns over elevated leverage and credit quality issues despite some recent stabilization in metrics.
The world's largest cryptocurrency is trading in a tight range, facing a significant technical barrier near $64,700, with declining volume pointing to potential for a sharp price move.
