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(Bloomberg) -- Wednesday was the busiest day for pound options trading since the currency slumped toward an all-time low in 2022, an omen of deepening jitters around the UK currency. Most Read from BloombergNYC Condo Owners May Bear Costs of Landmark Green Building LawNYC’s Subway Violence Deters Drive to Bring Workers Back to OfficeDutch Central Bank Restores Amsterdam’s ‘Ugliest Building’Can American Drivers Learn to Love Roundabouts?Can States Hit the Brakes on Runaway Roadbuilding?Listen to

Rostin Behnam, the outgoing Chair of the U.S. Commodity Futures Trading Commission (CFTC), made his final public remarks on January 8, 2025.

Since December 2024, institutional Bitcoin holders have been purchasing significant amounts of the cryptocurrency, buying more than 34,000 BTC, worth approximately $3.2 billion.

Gary Gensler, the outgoing Chair of the U.S. Securities and Exchange Commission (SEC), reiterated his critical view of the cryptocurrency industry, describing it as "rife with bad actors."

Bitcoin’s price fell to $92,500 on Jan 7 after briefly surpassing $100,000 earlier that day, marking its first breach of the psychological milestone since Dec 19.

The British bond market has become the focus of global investor attention, for some unenviable reasons. Some are mulling the potential for a rout akin to the one that followed former premier Liz Truss' disastrous mini budget of September 2022. To be sure though, while the market views gilts as the centre of the bond storm, there are plenty more reasons to be a seller.

The Fed's latest meeting minutes showed concern that inflation could remain sticky, partly because of Trump's trade policy.