India, Oct. 12 -- Cryptocurrencies are trading on a mixed note as a strong dollar and a spike in crude oil prices swayed sentiment in the cryptocurrency market.
The U.S. Dollar has rallied, causing the Dollar Index to rise 0.24 percent overnight. The six-currency Dollar Index which measures the U.S. dollar's strength against a basket of 6 currencies is currently trading at 102.45 versus 102.21 at the previous close.
The escalating tensions in the Middle East has pushed crude oil prices higher, renewing concerns about fuel-led inflationary pressures. Brent crude oil for December settlement is currently trading at 106.75, rising 1.9 percent from 104.72 at the previous close. WTI crude oil has surged 2 percent overnight to $93.70, from 91.85...