Goldman Sachs lowers gold target, and Bitcoin may feel the pressure
Goldman Sachs cut its year-end gold target to $4,900 as delayed Fed rate cuts pressure gold, Bitcoin and broader risk appetite.
Cointelegraph·
Bitcoin mining difficulty has undergone its second-largest downward difficulty adjustment this year, following February’s 11% shift.
Read full articleGoldman Sachs cut its year-end gold target to $4,900 as delayed Fed rate cuts pressure gold, Bitcoin and broader risk appetite.
Bitcoin and Ethereum options worth $2.13B expired below max pain, keeping $60K Bitcoin support and $1,725 ETH level in focus.
In crypto news today (June 19), Bitcoin has fallen another -2% overnight, dropping below $64,000, with ETF flows bleeding once more, while Michael Saylor’s STRC stock continues to crash, fueling fears that Strategy will be forced to dump Bitcoin to stabilize the STRC price. Liquidations have picked up, with over $452M over the past 24-hours.. The post Crypto News Today (June 19): BTC Crashes Below $64K, Kalshi IPO Rumors Begin and G7 Leaders Target North Korean Crypto Hackers appeared first on 99Bitcoins.
STRC, Strategy Inc.’s variable-rate preferred stock built to hover near $100, instead flirted with the basement Thursday, printing a fresh intraday low near $82.53 before clawing back to close at $88.59. Why STRC’s Wild Session Matters to Bitcoin Treasury Bulls The move was not some polite tremor in the market’s teacup. STRC traded more than […]
Nine straight US spot BTC ETF outflow days and a 4% drop to $64.7k test Bitcoin’s bid. We unpack rotation risks, support levels, and what to watch next.
Peter Schiff says Bitcoin may survive 10 years but underperform gold, while Pompliano points to money printing and BTC upside. Peter Schiff said Bitcoin may remain in financial markets, although he expects gold to perform better over time. His comments came during a June 16 Fox Business debate with Anthony Pompliano. The debate focused on […] The post Peter Schiff Says Bitcoin May Survive but Lose Big Against Gold Over Time appeared first on Live Bitcoin News.
Bitcoin's volatility and correlation with macroeconomic factors highlight its vulnerability to global economic shifts, impacting investor sentiment. The post Bitcoin falls below $63,000 amid global risk asset sell-off appeared first on Crypto Briefing.