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The dollar held near a one-month high, making greenback-priced bullion more expensive for holders of other currencies
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Gold, Treasuries and the S&P 500 led the growth, in a year when spot volumes on decentralized exchanges fell by roughly 70%.
Market sentiment was also weighed down by a steep decline in South Korea’s KOSPI, reflecting concerns over the global semiconductor sector.
The investment will support Lohum’s expansion in battery recycling, critical minerals and advanced materials amid rising demand driven by the global clean energy transition
Labor Department revisions also shaved 103,000 jobs off payrolls in May and June. The unemployment rate dipped to 4.1% as Americans left the job market.
The British Pound (GBP) strengthens against the US Dollar (USD) on Friday after a disappointing US Nonfarm Payrolls report prompts traders to scale back bets on Federal Reserve (Fed) interest-rate hikes. At the time of writing, GBP/USD trades around 1.3506, hovering near three-week highs.
Ethereum’s proposed EIP-8363 staking overhaul aims to reduce issuance, but critics say it could hurt DeFi, decentralization and institutional adoption.