The US Dollar Index (DXY) surged to a six-month high of 100.35 as US non-farm payrolls for September increased by 119,000, surpassing expectations. This robust employment data has bolstered the dollar's strength in the currency markets.
In the crypto sector, Polymarket is reportedly seeking a new financing round, aiming for a valuation of $12 billion. Meanwhile, Metaplanet has announced the issuance of $150 million in Class B perpetual preferred stock to boost its Bitcoin holdings. Additionally, Polymarket's prediction market indicates a reduced probability of a 25 basis point rate cut by the Federal Reserve in December, now standing at 30%.
US Dollar Index Hits Six-Month High Amid Strong Payroll Data
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