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BTC $77,114.14 -0.07%
ETH $2,136.65 +1.25%
BNB $645.73 +0.05%
XRP $1.39 -0.17%
SOL $85.53 +0.42%
TRX $0.3556 +0.39%
DOGE $0.1050 -1.53%
ADA $0.2524 +0.63%
BCH $378.62 -6.03%
LINK $9.66 +1.72%
HYPE $47.98 +3.08%
AAVE $89.75 +1.01%
SUI $1.06 +2.88%
XLM $0.1477 -1.03%
ZEC $564.91 +6.76%

The dollar strengthens, traders call the U.S. the "least bad option."

2025-10-08 13:12:40
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ChainCatcher news, according to Jinshi reports, on Wednesday, affected by financial and economic concerns from the Asia-Pacific to Europe, the exchange rate of the US dollar against the currencies of other G7 member countries rose, approaching a two-month high. Hedge funds increased their bearish options bets on the euro and yen, providing support for the strengthening of the dollar. Although the US government is currently in a shutdown, negative factors from other parts of the world have overshadowed this bad news, and the market is reassessing its outlook on the US macroeconomic prospects.

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