Dogecoin and BNB lead majors higher as bitcoin slips near $63,700
DOGE gained almost 3% to 7 cents and BNB 2% to $614, while bitcoin was the only major in the red on both the day and the week.
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Summary
- Dogecoin led major cryptocurrencies with a nearly 3 percent daily gain, while bitcoin was the only large token lower on both the day and the week.
- Asian equities rallied on strong semiconductor earnings, with Korea’s Kospi jumping 4.6 percent and gains in Samsung Electronics and SK Hynix lifting regional benchmarks.
- Investors are focused on Thursday’s U.S. CPI report and Middle East tensions, as lower inflation and a potential Fed pivot could fuel a relief rally in risk assets even as rising oil prices threaten to push inflation higher.
