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The DXY index, which tracks the performance of the US dollar shows the currency falling below the 100 mark. The US dollar is now hovering around the 99.30 mark on Monday and is attracting heavy bearish sentiments. It dipped by 0.74% shedding close to 0.74 points in the charts on the opening bell. Traders who went long on the greenback this year are all underwater as their portfolios turned deep red. Also Read: G7 Central Banks Confront US Chaos: ECB to Cut Rates, Canada Watches Inflation Source: MarketWatch Taking an entry position now is considered risky as the US dollar is yet to bottom out in the charts. The currency is experiencing a downturn after Trump announced sanctions on over 185 countries early this month. However, he announced a 90-day pause on tariffs after the US stock market crashed but the development is not helping the USD and the markets either. Also Read: Currency Surprise: These 9 Currencies Are Outperforming The US Dollar The US Dollar Getting Wiped Out: Invest in ...

VeChain is trading around the $0.025 price level in the charts on Monday. VET’s performance in Q3 of 2024 remains decent as it surged by nearly 13 in the last 30 days. The altcoin is mostly trading sideways this week with little to no price bursts in the indices. It struggles to hit the $0.01 mark as the market conditions pull its price down. Now that September has ended, will VeChain turn the tides and rise in the charts in October 2024? This article will highlight a price prediction for VET for the next 30 days. Also Read: Shiba Inu (SHIB) Flashes Strong Buy Signal, Hints at 55% Rise VeChain: October 2024 Price Prediction For VET Source: Binance Academy Leading On-Chain Metrics And Price Prediction Leading on-chain metrics and price prediction firm CoinCodex has painted a bearish picture for VeChain in October 2024. According to the forecast, VET could remain in the same price range but dip briefly in the charts. Expected Price Decline The estimate indicates that the supply chai...

Bitcoin (BTC) is again trading around the $60,000 psychological level, encouraging both bullish and bearish analyses in the market. While the leading cryptocurrency decides its direction, traders and investors look for the next buying before a bull rally starts. In particular, Bitcoin’s trading expert CrypNuevo posted his “Sunday Update” on August 18, highlighting potential movements for BTC price. First, the analyst expects Bitcoin to briefly break out from a descending broadening wedge chart pattern spotted by different traders. Finbold has already reported two analyses that mention this pattern, one eyeing the $100,000 mark and the other warning of downside potential. Picks for you Bitcoin or gold? We asked ChatGPT which asset has better inflation hedge potential 47 mins ago ...