Gold steadies after hitting six-month low as inflation data looms large

Gold's limited rebound amid rate-hike fears highlights the increasing opportunity cost of non-yielding assets, pressuring investor sentiment. The post Gold rebounds from six-month low as rate-hike fears limit gains appeared first on Crypto Briefing.

Rising US deficits and interest rates threaten to destabilize the bond market, challenging the Fed's strategies. The post Luke Gromen: The physical world will disrupt financial markets soon, gold and Bitcoin signal turbulence ahead, and the Fed’s upcoming meeting is crucial for rate policy | Forward Guidance appeared first on Crypto Briefing.

Jim Cramer called Bitcoin and gold bad money as investors shift cash toward SpaceX, Nvidia and Apple amid Bitcoin’s volatile June selloff.

The UAE-based investment group ASK Group and U.S. blockchain company Keeta have partnered to launch a public exchange where physical assets will be traded as fractional digital tokens. Gulf Commodities to Go Digital A United Arab Emirates investment group and Keeta, a U.S. blockchain company backed by tech billionaire Eric Schmidt, have launched a joint […]

“We continue to view the current macro environment as a headwind for Bitcoin,” 10x Research’s Markus Thielen said.

Luke Gromen says Bitcoin’s failure to break decisively higher may reflect more than weak spot demand, arguing that paper instruments can temporarily absorb buying pressure in the same way derivatives have shaped the gold market for years. Speaking with Nathalie Brunell in a June 6 interview, the macro analyst said he has not materially rebuilt the Bitcoin position he previously reduced. “I nibbled a little bit,” Gromen said, but added that he has “not really bought back in in any real way.” The reason, he suggested, is that Bitcoin’s recent price action may be signaling something important about liquidity, market structure and the political sensitivity of hard-asset signals. Paper Bitcoin And The $58K-$72K Frustration Zone Brunell asked Gromen about his prior remark that Bitcoin could remain stuck in what she described as a “$58K to $72K gang for a while,” and whether BTC and gold prices could be suppressed. Gromen clarified that the comment was partly “tongue-in-cheek,” but said there

Gold's decline amid US-Iran tensions highlights the dollar's dominance over traditional safe-haven assets, reshaping investor strategies. The post Gold falls for third day as US strikes on Iran escalate tensions appeared first on Crypto Briefing.

Gold's bear market signals shifting investor sentiment, highlighting the impact of monetary policy and currency strength on safe-haven assets. The post Gold enters bear market for first time since 2022 as prices crater from January highs appeared first on Crypto Briefing.