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BTC $68,793.99 -3.46%
ETH $2,060.51 -4.89%
BNB $628.95 -2.77%
XRP $1.42 -4.56%
SOL $81.67 -4.53%
TRX $0.2795 -0.47%
DOGE $0.0974 -3.83%
ADA $0.2735 -4.22%
BCH $462.01 -2.36%
LINK $8.64 -2.97%
HYPE $28.98 -1.81%
AAVE $122.61 -3.42%
SUI $0.9264 -4.18%
XLM $0.1605 -4.62%
ZEC $260.31 -8.86%

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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