The U.S. dollar fell on Friday, taking a breather after five straight days of gains, as risk appetite increased following yet another round of stimulus measures from China that bolstered global equities led by Chinese stocks.
The Dollar dropped 0.4% against the Yen in the last session. The Ultimate Oscillator is giving a positive signal.
Support: 148.21 | Resistance: 151
Tether’s US dollar-denominated stablecoin has surpassed the record $120 billion market capitalization for the first time, signaling a potential crypto rally. Tether’s USDT, the world’s largest stablecoin, surpassed the milestone on October 20th, according to the firm’s website, which offers live updates of the stablecoin’s supply.
Intel and AMD said they are forming a group to help make sure software works across their chips, responding to a rising challenge from Arm Holdings. Intel invented what is known as the x86 computing architecture, a technology that for 40 years has powered the world’s laptops.
Oil prices tumbled more than 4% to a near two-week low due to a weaker demand outlook and after a media report said Israel would not strike Iranian nuclear and oil sites, easing fears of a supply disruption.
The Oil-Dollar pair dove 1.0% in the last session. The MACD is giving a negative signal.
Support: 67.122 | Resistance: 73.662
Crypto asset manager Grayscale has added 35 crypto altcoins, including Dogecoin, Worldcoin, Pyth and Rune, to a list of assets that are “under consideration” for future investment products.
Shares of Nvidia neared record highs, putting the heavyweight AI chipmaker on the brink of dethroning Apple as the world’s most valuable company. With investors betting on strong demand for its next-generation Blackwell AI processors, the company’s stock climbed 2.8%.
The last session saw Nvidia shares gain 1.2%. According to the RSI, we are in an overbought market.
Support: 134.8 | Resistance: 142.83
