PPFTPapparico Finance Price

ainvda Surges 10.50% in 24H, Currently at 0.1221 USDT

On October 5, the euro significantly declined, influenced by market concerns over France's fiscal situation and political uncertainty, briefly dropping to 1 euro equals 1.1161 dollars, the lowest level since May 2025. The euro had already fallen for four consecutive weeks. Recently, the French government bond market has been under noticeable pressure. Data shows that last week, the yield spread between French 10-year government bonds and their German counterparts briefly exceeded 150 basis points, the highest since the end of 2011. There are concerns in the market that France's debt levels and potential political deadlock before next year's presidential election could increase fiscal risks in the Eurozone. Meanwhile, safe-haven demand and high U.S. Treasury yields have supported the dollar. On October 5, the dollar index, which measures the dollar against six major currencies, rose by 0.47% to 102.37. However, weak U.S. employment data has lowered market expectations for recent interest rate hikes by the Federal Reserve, somewhat limiting the dollar's gains.

According to token unlocking data from the Web3 asset data platform RootData, Rain (RAIN) will unlock approximately 3,625,682 tokens on October 12 at 11:00 AM Beijing time, valued at around $417 million.