Latest data from Gate shows a sharp uptick in crypto volatility indexes. The BTC Volatility Index (BVIX) surged 10.56% to 40.92, and the ETH Volatility Index (EVIX) rose 6.83% to 52.88. The increase suggests a notable rise in expected near-term price swings for both Bitcoin and Ether.
At the same time, traditional assets broadly strengthened. Precious metals advanced, with gold climbing 0.75% to $4,508.47 per ounce and silver up 1.9% to $75.847 per ounce, indicating continued demand for safe-haven assets.
Global Indices and Forex Move Higher
Equity markets were positive, with the Euro Stoxx 50 (EUSTX50) up 0.28% at 6,073.15, the UK FTSE 100 (UK100) gaining 0.34% to 10,344.3, and Germany's DAX 40 (GER40) adding 0.49% to 25,115.1. In currency markets, USD/CNH slipped 0.03% to 6.76252, while USD/JPY ticked up 0.11% to 159.791.
Commodities Mixed; Gate TradFi Support
Commodities were mixed: WTI crude fell 0.17% to $94.78 per barrel, while Brent crude gained 0.26% to $97.84 per barrel.
Gate now fully supports trading of traditional financial market products directly on its platform, encompassing precious metals, forex, global stock CFDs, key indices, and commodities. This allows users to build diversified portfolios across crypto and traditional assets without switching platforms. The Gate TradFi functionality is integrated into both the app and web versions, enabling access to global asset price trading and unlocking additional strategies and opportunities beyond the crypto market.