The US dollar index (DXY) is experiencing one of its largest weekly declines since 2013, fuelling optimism for a potential rally among risk-on assets, including Bitcoin (BTC). The last time the DXY saw such a sharp pullback was during the height of the FTX fiasco in November 2022, which coincided with a Bitcoin bottom.
Ripple XRP price extended its increase above the $0.5450 resistance. The price is now correcting gains and might remain strong above the 100-hourly SMA
Cardano (ADA) is struggling to start a fresh increase above the $0.500 resistance zone. ADA must stay above the $0.480 support to start a decent upward move.
Two previously unknown backdoors likely deployed by a Russian state hacking group have been discovered compromising the foreign affairs ministry of a European country.