Bitcoin dropped to its lowest level since May, ignoring the US government’s reopening and fueling fears of deeper losses as technical and macro pressures mount.
Crude oil rallied on Friday but stalled below $62, as weak demand and strong resistance continue to cap upside momentum in a volatile, range-bound market.
USD/JPY surged from the 153.50 level on Friday, supported by strong carry trade dynamics and bullish momentum, with further upside likely above 155.
The EUR/USD pair holds steady around 1.1600 on Monday, little changed at the start of the new week.
Bitcoin plunged through $100,000 on Friday, with weakening momentum and a potential death cross highlighting growing downside risks as ETF enthusiasm fades.
The Australian dollar stabilized near 0.6550 on Friday, supported by the 200-day EMA, as traders watch global risk sentiment and commodity demand for further direction.