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.
Live Bitcoin News·
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.
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.
Goldman Sachs revised its year-end forecast for gold to $4,900, indicating a rise from current levels, but less than previously expected.
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.
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.
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.