Bitcoin, currently priced at $ 98,309, commands a market capitalization of $ 1.94 trillion with a 24-hour trading volume of $ 19.92 billion. It has fluctuated within an intraday range of $ 97,292 to $ 98,626, presenting a pivotal moment for its trajectory. Bitcoin On the 1-hour chart, bitcoin probes …
Economist and gold advocate Peter Schiff noted that if gold could rise from $ 20 to $ 2,600 an ounce, it could potentially reach $ 26,000 or even $ 100,000. He shared his views on global economic issues, including U.S. dollar weakness, China’s economic resilience, and the impact of U.S. foreign …
Global investment bank UBS predicts continued pressure on the U.S. dollar and further gold price increases. “We expect the U.S. dollar to stay under pressure as yield differentials narrow,” UBS explained, adding: “Gold’s rally has further to run.” UBS highlighted that gold has gained over 24% this year, driven by increased investment demand, and expects […]
Nigel Green, CEO of financial advisory and investment management firm Devere Group, has advised investors to reassess portfolios due to the U.S. dollar’s significant drop, which signals a potential shift in market dynamics. The dollar’s decline could present both challenges and opportunities, he said, advising investors to strategically diversify away from dollar-heavy assets to capitalize […]
Bitcoin was once again trading below the $ 29,000 level on Thursday, as bulls retreated following yesterday’s gains. The drop appeared to come as traders secured profits, following a failed breakout of a key price point. Ethereum also edged lower today. Bitcoin Bitcoin (BTC) dropped below the $ 29,000 zone in today’s …