Ether, Dogecoin Rally as XRP Soars 12% in Altcoin-Led Crypto Surge
Global risk appetite strengthened on Friday, with crypto, equities and gold futures all pushing higher, while oil headed for its steepest weekly decline since June.
Traders are balancing the tailwind from easing U.S.–Japan trade tensions against signals of cooling bitcoin (BTC) demand and heavier hedging in crypto options markets.
In broader Asian markets, The MSCI Asia Pacific Index added 0.5%, set for its fifth straight day of gains. Japan’s Nikkei-225 jumped 2.3% after chief trade negotiator Hiroshi Suzuki said the US had agreed to end stacking on universal tariffs and cut car levies concurrently.
Oil prices slipped toward a weekly drop of more than 4%, with Brent and WTI under pressure from rising US inventories and…