Cardano (ADA) price steadies at $0.29 on Thursday after surging over 14% in the previous day. Improving on-chain and derivatives data support a positive outlook as whale wallets are increasing exposure alongside positive funding rates.
MUFG’s Senior Currency Analyst Michael Wan argues that stronger Asia exports in early 2026 are a key support for regional currencies, even as new US tariff investigations under the Trump administration create uncertainty.
Litecoin (LTC) is extending its correction, trading below $50.50 at the time of writing on Tuesday, after losing 4% the previous day.
The USD/CNH pair trades with mild gains near 6.8905 during the early European trading hours on Tuesday. However, the potential upside for the pair seems limited near a 34-month low amid US tariff turmoil.
The US Dollar (USD) recovered most of its intraday losses and trades broadly stable on Monday, after markets digested the Supreme Court’s decision agains United States (US) President Donald Trump's tariffs and his move to impose additional levies over the weekend.
GBP/JPY retreats on Monday, down 0.22% yet it remains consolidated within the 208.00-209.25 range, with traders eyeing a key break of support level seen at around 207.75. At the time of writing, the cross trades at 208.57 after reaching a high of 209.23.
BNY’s Head of Markets Macro Strategy Bob Savage sees supportive fundamentals for Asia FX, citing accommodative monetary policy, fiscal expansion and AI- and semiconductor-led export growth.
Solana (SOL) price slips 6%, nearing the lower end of its consolidation range at $76.45 at the time of writing on Monday. A firm close below this level suggests a deeper correction. The derivatives data supports a bearish sentiment with SOL’s short bets rising alongside negative funding rates.
The number of United States (US) citizens submitting new unemployment insurance applications decreased to 206K, much lower than initial estimates of 225K, and down from the previous week’s revised 229K, according to the US Department of Labor.
Litecoin (LTC) trades in red below $54 at the time of writing on Thursday, after correcting by over 3% so far this week.
Solana (SOL) is trading below $82 at the time of writing on Thursday after failing to break out of the upper consolidation range over the weekend.
Ripple (XRP) is supported above $1.40, and trading around $1.47 at the time of writing on Wednesday. The increase, although minor, has erased losses posted the previous day.
Silver prices (XAG/USD) collapsed for the first time in the week, down nearly 5% sponsored by steady US Treasury yields and a firm US Dollar, which weighed on the white metal. At the time of writing, XAG/USD trades at $73.49 after peaking at $76.87.
The United States (US) released the four-week average of the ADP Employment Change, which showed the private sector added 10.3 K jobs, beating the previous week 7.8K.
Bitcoin (BTC) is trading below $68,000 at the time of writing on Tuesday after facing rejection near the upper consolidation boundary.
Silver price retreats during the North American session nearly 1%, after reaching a daily high of $78.20.
Major currency pairs traded little changed on Monday as stock and bond markets in the United States (US) remained closed due to the Presidents' Day holiday.
Silver price advances bounce off daily lows around $74.01, posts gains of over 2.50% on Friday, yet it is poised to end the week on a negative note. A softer than expected US inflation report, pushed the white metal higher and traded at $77.20 a troy ounce ahead of the weekend.
Ripple (XRP) edges up above the intraday low of $1.35 at the time of writing on Friday amid mixed price actions across the crypto market. The remittance token failed to hold support at $1.40 the previous day, reflecting risk-off sentiment amid a decline in retail and institutional sentiment.
Bitcoin (BTC) price slips below $67,000 at the time of writing on Friday, remaining under pressure and extending losses of nearly 5% so far this week.
The Pound (GBP) is trimming losses against the Japanese Yen (JPY) on Friday, with the pair returning above 209.00 after bouncing at nearly two-week lows at 207.60.
The US Dollar (USD) holds around 97 in the American session on Thursday after Wall Street fell sharply on fresh AI-related fears, as the tech sector is far from generating decent profits.
Bitcoin (BTC) price is steadying at $67,000 on Thursday and faces resistance near the previously broken lower consolidation boundary at $67,300, signaling potential downside risk ahead.
The United States (US) released stronger-than-expected US Nonfarm Payrolls report for January, adding 130K jobs in quite an auspicious start to the year, while the Unemployment Rate ticked lower to 4.3%, and Average Hourly Earnings held steady at 3.7% over the last twelve months.
MUFG’s Michael Wan highlights that local political developments are supporting the Thai Baht (THB). A stronger-than-expected performance by the Bhumjaithai Party in Thailand’s recent elections has improved perceptions of political stability.
United States (US) ADP reported that, on average, the private sector added 6.5K new jobs in the four weeks ending January 24, up from 5K in the previous week. Other than that, Retail Sales remained unchanged in December, below expectations for a 0.4% increase and below November’s 0.6% advance.
Chiliz (CHZ) price extends its correction, trading below $0.040 at the time of writing on Tuesday, after falling through a key resistance level set the previous day.