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BTC $60,958.51 -0.03%
ETH $1,561.34 -2.72%
BNB $575.99 -1.28%
XRP $1.10 -0.16%
SOL $62.68 -3.31%
TRX $0.3207 -1.06%
DOGE $0.0821 -0.20%
ADA $0.1597 +0.31%
BCH $218.73 +0.94%
LINK $7.39 -0.04%
HYPE $58.81 -4.32%
AAVE $61.11 -2.35%
SUI $0.7201 +3.31%
XLM $0.2030 +8.73%
ZEC $358.90 +13.93%

The dollar strengthens, traders call the U.S. the "least bad option."

2025-10-08 13:12:40
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ChainCatcher news, according to Jinshi reports, on Wednesday, affected by financial and economic concerns from the Asia-Pacific to Europe, the exchange rate of the US dollar against the currencies of other G7 member countries rose, approaching a two-month high. Hedge funds increased their bearish options bets on the euro and yen, providing support for the strengthening of the dollar. Although the US government is currently in a shutdown, negative factors from other parts of the world have overshadowed this bad news, and the market is reassessing its outlook on the US macroeconomic prospects.

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