📊 Gold is down slightly as investors await US jobs data and the speech of the US Federal Reserve Chairman for more indications about the bank’s direction regarding interest rates in the coming period.
• The South Korean won fell sharply against the US dollar and reached its lowest level in about two years after the president declared a state of emergency nationwide.
🟠 Bitcoin cryptocurrency continues to decline during today's trading, Tuesday, recording losses exceeding the $2,100 barrier and trading at levels below $94,000.
◾Since the currency recorded gains approaching the $100,000 barrier, Bitcoin has failed to maintain these levels and is trading in a range between $93,000 and $96,000.
👈 This is what the ambitious entrepreneur and founder of Tesla said after he bought Bitcoin for the first time.. He wanted people to realize that it is important to dive into the financial markets and take risks if your goal is to be a trader, because you can’t learn to swim without getting wet, and losses are just part of the learning process, whether the assets are digital or traditional.
🔴 Today, Monday, America begins a new campaign of strict measures against the electronic chip sector in China, according to sources for Reuters. This is the third campaign of its kind in three years, which includes measures including restricting exports of chip equipment to 140 companies.. 🇺🇸🚨
• US President Trump threatened the BRICS countries that he would impose 100% customs duties on them if they issued a currency that would replace the dollar.
• As we know, the most prominent BRICS countries are China, Russia, India, Brazil, etc.
• As for France, the National Rally Party threatened to bring down the government if it did not make the required amendments to the budget and a deadline until the end of Monday.
⬅️ Therefore, we see the euro weakening and weakening against currencies, and the pressure may continue.
• During this week, Wednesday and Friday, the monthly US jobs data will be issued.
• It is considered important because it will come before the US interest rate decision on December 18 next month.
🔴 Trump threatens to impose 100% tariffs on BRICS countries if they replace the dollar in their transactions, which will affect major economies including China, Russia, and India, in addition to Arab countries.
On December 1, the NFT trading volume of EVM Chains reached $42.1 million, the second highest single-day trading volume this year, second only to March 4 this year ($53.3 million), of which Blur reached $25.1m and OpenSea reached $10.93m. BAYC rose more than 75% in the past 7d, MAYC +94%, PudguPenguins +29%, etc.
XRP's market value has surpassed USDT, becoming the third largest cryptocurrency by market value, second only to BTC and ETH. XRP's daily trading volume on Upbit, South Korea's largest exchange, reached $3.69 billion, accounting for 27.35%. During the same period, BTC's trading volume was only $339 million, and ETH's trading volume was $225 million.