Dollar dips ahead of US midterms; bitcoin stabilises after crypto heist
SPY•The dollar fell 0.3% against a basket of major currencies as investors prepared for US midterms and central bank decisions. Bitcoin rose 0.2% after Binance customers withdrew $3.64 billion following a $6.3 billion hack.
1. Currencies ease
The dollar touched a one-month low and was last down 0.3% at 101.63 against a basket of major currencies. The euro rose 0.5% to $1.1212, while investors also watched elections and rate decisions due in Britain, Australia, Norway and Sweden.
2. Crypto rebounds
Bitcoin rose 0.2% to $77,976.98 and ether gained 1.3% to $2,291.57 after falling to multiweek lows. Binance customers withdrew $3.64 billion, or 2.1% of the exchange’s assets, after hackers stole $6.3 billion; the exchange said withdrawals were stabilising and deposit volumes remained substantial.
