Current Market

Cryptocurrency Market Overview

In the cryptocurrency sector, Bitcoin has recently been oscillating around the $70,000 mark but with notable volatility. This fluctuation has led analysts to describe its current support levels as tentative, reflecting investor uncertainty ahead of Bitcoin's anticipated halving event. Altcoins, including Ethereum, are experiencing similar sporadic gains, but overall trading volumes remain moderate, indicating a cautious market stance and a possibility of price corrections if support remains weak​

The forex market has been driven largely by central bank policies. Notably, the Japanese yen is poised for further gains with an expected rate hike from the Bank of Japan (BoJ) by the end of the month, in contrast to other global central banks that are considering rate cuts.