Dollar rangebound ahead of US midterms; bitcoin reels from crypto heist

The US dollar held steady on Monday as investors awaited Tuesday’s midterm elections, October employment figures and interest-rate decisions in several countries, Business Recorder reported. The euro traded near a 17-month low at $1.1159, while sterling was little changed at $1.3387 and the dollar stood at 101.94 against a basket of currencies. The yen weakened 0.15% to 157.78 per dollar.

Bitcoin and ether remained below recent levels after hackers stole $6.3 billion from Binance last week, with the FBI linking the attackers to North Korea, according to the report. Binance said it had covered 95% of the stolen assets and that withdrawals were settling after customers withdrew $3.64 billion, or 2.1% of its assets. Bitcoin was up 0.22% at $77,975.62 and ether gained 0.27% to $2,268.42.