Bitcoin Surges 3.72% While Silver Declines; Gold and Crypto Mixed in Monday Trading

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Bitcoin led markets higher on Monday, surging ▲ 3.72% to 80,347.00 USD and trading between 78,723.00 USD and 81,104.00 USD. Ethereum followed with a more modest 1.82% climb to 2,496.21 USD.

Precious Metals

Gold edged up ▲ 0.44% to close at 4,633.80 USD, trading within a range of 4,623.30 USD to 4,696.40 USD during the session. The yellow metal remained relatively flat despite broader market movements.

Silver, however, reversed course and declined ▼ 1.76% to 68.08 USD. The precious metal traded between 67.74 USD and 70.06 USD, underperforming its gold counterpart.

Currencies and Major Pairs

Middle Eastern currency pairs held steady against the dollar. USD/QAR remained unchanged at 3.6400 QAR, while USD/SAR stayed flat at 3.7500 SAR and USD/AED held at 3.6725 AED.

Major Western currency pairs weakened slightly. USD/EUR fell ▼ 0.78% to 0.8572 EUR, while USD/GBP declined ▼ 0.72% to 0.7335 GBP.