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BTC $77,475.22 +1.68%
ETH $2,325.36 +2.23%
BNB $625.40 +0.56%
XRP $1.39 +0.54%
SOL $84.60 +1.45%
TRX $0.3231 -0.19%
DOGE $0.1081 +9.66%
ADA $0.2504 +2.03%
BCH $453.46 +1.46%
LINK $9.33 +1.39%
HYPE $40.29 +0.63%
AAVE $96.58 +0.47%
SUI $0.9265 +0.83%
XLM $0.1623 +0.33%
ZEC $331.18 -0.61%

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

2025-10-08 13:12:40
Collection

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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