Dollar weakens before US elections as BTC and ETH recover slightly
BROBROK News · Based on reporting by DiarioBitcoin ·
The dollar fell 0.5% ahead of the US legislative elections and several central bank decisions, while the euro moved higher. Bitcoin and Ether posted modest gains after the Binance hack, as the exchange said customer withdrawals were starting to stabilize.
Key points
- The dollar index slipped to 101.45, its weakest level in a month.
- BTC rose 0.5% and ETH gained 1.5% after last week’s declines.
- Binance said it saw USD 3.64 billion in withdrawals after the hack attributed by the FBI to North Korea.
- The exchange said withdrawal flows were stabilizing and deposits remained substantial.
- Markets are also watching US jobs data and central bank decisions in multiple countries.
Why it matters
The story links macro risk sentiment with crypto-specific security concerns. For crypto investors, it shows how exchange incidents and a softer dollar can shape short-term market moves.
Original headline: “El dólar cede terreno antes de las elecciones en EE.UU. y Bitcoin se estabiliza tras hackeo a Binance”
Read the original on DiarioBitcoin
Summary and analysis written by BROBROK News from the original report. Read the full story on the source website. Not investment advice.