Market Recap: Cryptocurrencies Slip While Dollar Strengthens Against Major Currencies

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Cryptocurrencies faced modest downward pressure in today's trading, with Ethereum falling ▼ 1.26% to 2585.97 USD and Bitcoin declining ▼ 0.92% to 80446.00 USD. Bitcoin traded between 80187.00 and 81819.00 USD during the session, while Ethereum moved within a range of 2570.07 to 2647.67 USD.

Precious Metals

Gold and silver both remained flat on the day. Gold held steady at 4379.00 USD per ounce with no change, while silver remained unchanged at 66.38 USD per ounce.

Currency Markets

The dollar showed mixed movement against major currencies. The euro strengthened to 0.8711 EUR per dollar, up ▲ 1.02%, and traded between 0.8623 and 0.8711 EUR. Sterling advanced ▲ 1.11% to 0.7477 GBP per dollar, with a trading range of 0.7395 to 0.7477 GBP.

Middle Eastern currency pairs remained unchanged. The dollar held at 3.6400 QAR against the Qatari riyal, 3.7500 SAR against the Saudi riyal, and 3.6725 AED against the UAE dirham.