Gold and silver recovered slightly, crypto volatility cooled as BVIX fell for the day.

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Global financial markets saw relatively mixed results in the latest session, with gold and silver prices recovering slightly, while volatility in the crypto market continued to decrease.

According to the latest data from Odaily, gold is currently trading around $4,563.43 per ounce, virtually unchanged for the day. Silver rose 0.14%, to approximately $77.509 per ounce.

In the crypto market, the Bitcoin volatility index BVIX is currently at 40.3 points, down 0.54% on the day. Meanwhile, the Ethereum volatility index EVIX remains unchanged around 55.32 points.

This development suggests that market sentiment in the crypto market is temporarily stabilizing after recent periods of significant volatility.

In the foreign exchange market, the US dollar continued to rise slightly against many major currencies. The USD/CNH rate increased by 0.05% to 6.80218, while the USD/JPY rate rose by 0.15% to 159.017.

Globally, the Euro Stoxx 50 index surged 2.07% to 5,868.96 points. Meanwhile, the UK's FTSE 100 fell 0.28%, and Germany's DAX 40 declined 0.24%.

In the commodities group, oil prices continued their slight upward trend. WTI crude rose 0.07% to $106.87 per barrel, while Brent crude increased 0.38% to $111.49 per barrel.

Notably, Gate now allows users to directly trade a wide range of traditional financial assets on its platform, including gold, forex, global stock indices, and commodities. Gate's TradFi feature is integrated into both the app and web platform, giving users access to diverse financial markets without switching trading platforms.

The trend of integration between crypto and traditional financial assets is becoming increasingly evident, as many platforms begin to expand into multi-asset trading models to attract capital and meet the demand for more flexible portfolio allocation from investors.

Disclaimer: The content above is only the author's opinion which does not represent any position of Followin, and is not intended as, and shall not be understood or construed as, investment advice from Followin.
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