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.
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The disparity in Bitcoin adoption highlights the growing wealth gap, influencing economic policies and digital currency legislation across states. The post New data ranks Bitcoin adoption by US states, and the wealth gap is showing appeared first on Crypto Briefing.
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.
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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.
Bitcoin rebounded from a steep June decline, but Glassnode data shows the asset remains below key recovery levels. Recent buyers are still carrying unrealized losses, while capital flows have yet to turn positive. Bitcoin’s Rebound Leaves Recent Buyers Under Pressure Bitcoin has stabilized after a sharp selloff that coincided with rising geopolitical tensions and a […]