Bitcoin faces its first annual decline since 2022 after a turbulent year for cryptocurrencies. October’s massive crash caused billions in liquidations and left traders uncertain. November marked the largest monthly drop since mid-2021, leaving Bitcoin hovering around $89,000. The cryptocurrency’s performance closely followed global stock markets in 2025. Analysts say retail and institutional investors linked […]
Fed rate cut
Oil rises amid US rate hopes, global tensions
Oil prices climbed to two-week highs on Monday as investors anticipate a U.S. Federal Reserve interest rate cut this week, which could stimulate economic growth and increase global energy demand. Brent crude futures rose 9 cents, or 0.14%, to $63.84 per barrel, while U.S. West Texas Intermediate crude edged up 8 cents, or 0.13%, reaching […]
Dollar retreats as investors bet on Fed rate cut
SINGAPORE: The U.S. dollar weakened in early Asian trading on Friday, reversing gains made earlier this month as investors turned cautious amid a lack of official U.S. labor market data. The dollar index, which tracks the greenback against six major currencies, fell 0.5% to 99.674. With the U.S. government shutdown delaying the release of the […]