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USD To The Moon

Author: Jeffrey Craig Date: September 2, 2022


Main Takeaway: USD Reaches New Heights, Yen Sinks

Markets are neutral to the green d-o-d as the US Dollar continues to reach new heights, in particular, vis-a-vis the Japanese Yen. However, this is scaring the global markets as people fear when the Dollar appreciates against global currencies such as the Yen, the Yuan, and the Euro.

USD Soaring September
Moreover, there’s a bearish trifecta moving in motion – a rising Dollar, falling Gold, and slumping stocks. As a result, crypto prices are facing significant headwinds.

Key Stories: Celsius Update

Celsius has just announced it will reopen withdrawals for “certain customers with certain assets held in the custody program and withhold accounts.” While the clarity on the exact details remain to be seen, this is good news for the crypto provider.

Today’s Top Gainers

The top five performing coins on Phemex d-o-d are Celsius (CEL/USDT), Terra Luna Classic (LUNC/USDT), Radicle (RAD/USDT), Eos (EOS/USDT), and Stargate Finance (STG/USDT).

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