May 21, 2025
US crypto funds top $7.5B inflows in 2025
Crypto investment products in the United States have attracted over $7.5 billion worth of investment in 2025, with a fifth week of net positive inflows last week signaling growing investor demand for digital assets.
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May 21, 2025
Dollar falls on more downbeat Fed comments
The U.S. dollar weakened anew, weighed down in part by more cautious remarks about the economy by Federal Reserve officials, even as traders looked ahead to upcoming U.S. talks with Japan that could include discussions on currencies as part of a trade deal.
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May 21, 2025
FTSE 100 rises high on strong earnings
The British benchmark index FTSE 100 closed at a two-month high, buoyed by strong corporate earnings, while investors awaited updates on trade-related developments. The FTSE 100 rose over 0.9%, with a majority of the firms listed in the index trading in green.
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May 20, 2025
Gold firms after Moody’s US downgrade, safe-haven demand strengthens
Gold prices drifted higher, steered by a softer dollar and safe-haven demand after Moody’s downgraded the U.S. government’s credit rating. U.S. gold futures settled 1.5% higher. The Gold-Dollar price remained largely unchanged in the last session. The Stochastic indicator is giving a positive signal.Support: 3166.7 | Resistance: 3296
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May 20, 2025
Wall Street stocks mostly flat
U.S. stocks finished near the unchanged mark with market sentiment weakened by the downgrade of the federal government’s perfect sovereign credit rating owing to its huge debt profile. Moody’s slashed the U.S. sovereign credit rating citing the government’s $36 trillion outstanding debt and interest.
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May 20, 2025
Tether surpasses Germany’s $111B of US Treasury holdings
Tether, the $151 billion stablecoin issuance giant, has surpassed Germany in United States Treasury bill holdings, showcasing the benefits of a diversified reserve strategy that has helped the firm navigate the volatility of the cryptocurrency market.
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