Powell warns Fed credibility at risk if president can fire officials

The post Gold drifts lower as stalled US-Iran talks, hawkish Fed outlook pressure prices appeared on BitcoinEthereumNews.com. Gold price (XAU/USD) declines to near $4,535, snapping the two-day winning streak during the early Asian session on Monday. The precious metal loses ground amid the lack of progress in the US-Iran peace negotiations. Traders will closely monitor the Middle East developments as the tensions in the region are ongoing.  Reuters reported on Sunday that Iranian officials said that talks with the US are continuing, but no nuclear commitments have been made. Meanwhile, Iran’s parliament speaker and top negotiator, Mohammad Bagher Ghalibaf, stated that Tehran will not accept any deal with Washington unless it ensures “the rights of the Iranian people are secured.” As the diplomatic exchanges continued, Israel expanded its ground attack in Lebanon, shattering a brittle truce with its northern neighbor. Federal Reserve (Fed) policymakers continued on Friday to signal the

The post Crypto Market This Week: US Jobs Data, Global Inflation, CLARITY Act In Focus appeared on BitcoinEthereumNews.com. This week, the crypto market awaits a slew of U.S. economic data, a Fed statement and inflation reports from key economies. Data may affect market expectations regarding interest rates, liquidity, and risk appetite in the crypto space. U.S. Jobs Data Expectations The emphasis will be on the U.S. labour market. The U.S. unemployment data report is being awaited by market participants. They anticipate a slight decline in job growth from the prior months and that the unemployment rate will not drop much from 4.3%. In addition, crypto market participants will look for signs of labor market strength in job openings on JOLTS, ADP private payrolls, Challenger job cuts. Also, the weekly initial jobless claims will be released. Recent data indicated a slowdown in activity as the number of new jobless claims in the U.S. increased to 215,000, but not dramatically. The employ

The post Top 10 Signals Traders Watch as Bitcoin, Stocks and the Fed Set the Tone for June appeared on BitcoinEthereumNews.com. Key Takeaways Polymarket priced the June 16-17 Fed hold at 98.2%, but May CPI on June 10 could shift that consensus fast. Bitcoin exchange-traded funds (ETFs) posted over $1.8B in outflows as BTC trades 40% below its cycle peak entering June 2026. XRP ETFs crossed $1.4B in cumulative inflows as SWIFT confirmed 25+ banks going live with blockchain payments by June. Markets Enter June at Extremes The S&P 500 closed May 29 at 7,580.06, its 19th all-time high of 2026, and the ninth consecutive green week for the index. The Dow crossed 51,000 for the first time ever. Nasdaq also set a record. AI and semiconductor stocks drove most of the gains, with Dell up 32.8% in May and Micron up 84%. Metrics show that technology now accounts for roughly 37% of the S&P 500’s total weight, a concentration level that has historically preceded sharp mean-reversion when sentiment s

The post Top 10 Signals Traders Watch as Bitcoin, Stocks and the Fed Set the Tone for June appeared on BitcoinEthereumNews.com. Key Takeaways Polymarket priced the June 16-17 Fed hold at 98.2%, but May CPI on June 10 could shift that consensus fast. Bitcoin exchange-traded funds (ETFs) posted over $1.8B in outflows as BTC trades 40% below its cycle peak entering June 2026. XRP ETFs crossed $1.4B in cumulative inflows as SWIFT confirmed 25+ banks going live with blockchain payments by June. Markets Enter June at Extremes The S&P 500 closed May 29 at 7,580.06, its 19th all-time high of 2026, and the ninth consecutive green week for the index. The Dow crossed 51,000 for the first time ever. Nasdaq also set a record. AI and semiconductor stocks drove most of the gains, with Dell up 32.8% in May and Micron up 84%. Metrics show that technology now accounts for roughly 37% of the S&P 500’s total weight, a concentration level that has historically preceded sharp mean-reversion when sentiment s

Ten signals stand out for traders heading into June 2026, spanning a Fed decision markets have already priced at 98.2% hold, bitcoin sitting 40% off its cycle highs, and U.S. stocks notching fresh records on the back of a narrow artificial intelligence (AI)-driven rally. Markets Enter June at Extremes The S&P 500 closed May 29 […]

The post What The Fed Chairman Said About XRP And Its Implications For Holders appeared on BitcoinEthereumNews.com. What The Fed Chairman Said About XRP And Its Implications For Holders | Bitcoinist.com Sign Up for Our Newsletter! For updates and exclusive offers enter your email. Scott Matherson is a leading crypto writer at Bitcoinist, who possesses a sharp analytical mind and a deep understanding of the digital currency landscape. Scott has earned a reputation for delivering thought-provoking and well-researched articles that resonate with both newcomers and seasoned crypto enthusiasts. Outside of his writing, Scott is passionate about promoting crypto literacy and often works to educate the public on the potential of blockchain. This website uses cookies. By continuing to use this website you are giving consent to cookies being used. Visit our Privacy Center or Cookie Policy. I Agree Source: https://bitcoinist.com/fed-chairman-said-about-xr

Persistent inflation challenges the Fed's policy, potentially delaying rate cuts and impacting economic stability amid geopolitical tensions. The post US inflation, Fed no longer sees pressures as transitory appeared first on Crypto Briefing.