Silver Price Forecast: XAG/USD holds gains above $75.50 amid Iran deal uncertainty

Geopolitical tensions highlight crypto's vulnerability to external shocks, prompting regulatory scrutiny and potential market instability. The post US strikes Iranian military sites as Bitcoin drops below $73K on surging geopolitical risk appeared first on Crypto Briefing.

The post 3 Things That May Move Bitcoin Price This Week appeared on BitcoinEthereumNews.com. A busy week of US labor market data lies ahead as crypto continues to cool amid increasing macroeconomic headwinds. Crypto markets remained flat over the weekend following heavy losses last week. Bitcoin and Ether remain weak, with no immediate catalysts to spur a recovery. Meanwhile, fresh labor market data and updated readings on manufacturing and services activity are on the table this week. “We also await further details about a potential US-Iran deal, which appears to be dragging on again,” said the Kobeissi Letter. Economic Events June 1 to 5 May’s ISM Manufacturing PMI report is due on Monday, which will shed light on the US manufacturing sector. This is followed by April’s JOLTS Job Openings data on Tuesday and May’s ISM Non-Manufacturing PMI data on Wednesday. Initial Jobless Claims data is on Thursday, and the big May Jobs Report is due on Friday. The labor market data is keenly eye

A busy week of US labor market data lies ahead as crypto continues to cool amid increasing macroeconomic headwinds.

The post Kuwaiti military reports missile and drone attack appeared on BitcoinEthereumNews.com. Kuwait’s armed forces said that the country’s air defense systems were intercepting hostile missile and drone attacks after air raid sirens sounded and emergency alerts were issued nationwide, the Guardian reported on Monday. US Central Command (Centcom) stated that it struck targets in Iran over the weekend, in a statement that came just minutes after it announced it was under attack. Meanwhile, Iran’s Islamic Revolutionary Guards Corps (IRGC) said that it targeted an airbase used by the US to launch an attack on Sirik Island in southern Iran. Sirik Island is located in the Strait of Hormuz. The IRGC added that the US was targeting a telecoms tower on the island. Market reaction  Crude oil prices attract some buyers following this headline. At the time of writing, the West Texas Intermediate (WTI) is up 2.05% on the day at $88.62. WTI Oil FAQs WTI Oil is a type of Crude Oil sold on internat

The diplomatic strain may hinder US-Mexico cooperation, potentially affecting future extraditions and escalating anti-cartel operations. The post Mexican president accuses US of interference over extradition requests appeared first on Crypto Briefing.

Geopolitical tensions and oil price volatility are reshaping market dynamics, influencing inflation expectations and crypto valuations. The post US dollar steadies as markets await Iran war signals and central bank moves appeared first on Crypto Briefing.

The post Gold holds below two-week top as Iran risks and hawkish Fed lift USD appeared on BitcoinEthereumNews.com. Gold (XAU/USD) kicks off the new week on a subdued note and remains on the back foot below a two-week top, around the $4,600 neighborhood, touched on Friday. Persistent geopolitical uncertainties, along with hawkish US Federal Reserve (Fed) expectations, help the US Dollar (USD) regain positive traction, which, in turn, is seen as a key factor acting as a headwind for the commodity. The precious metal, however, manages to hold above the $4,500 psychological mark as trades seem hesitant and opt to wait for further progress in US-Iran peace talks. Iran’s Foreign Minister, Abbas Araqchi, told state media on Sunday that talks and message exchanges with the US are ongoing, though he cautioned against reading too much into unconfirmed reports about the negotiations. Earlier, Iran’s chief negotiator, Mohammad Bagher Qalibaf, stated that the country will not accept any agreement u

The post EUR/USD Price Forecast: Starts the US NFP week cautiously appeared on BitcoinEthereumNews.com. The EUR/USD pair trades slightly lower to near 1.1645 during the Asian trading session on Monday. The major currency pair faces marginal selling pressure as the US Dollar (USD) ticks up, with investors awaiting key United States (US) economic releases this week, especially the Nonfarm Payrolls (NFP) data for May. As of writing, the US Dollar Index (DXY), which tracks the Greenback’s value against six major currencies, trades 0.1% higher to near 99.03. Investors will pay close attention to the US NFP data to get fresh cues on the Federal Reserve’s (Fed) monetary policy outlook. Later in the day, market participants will focus on the US ISM Manufacturing PMI data for May, which will be published at 14:00 GMT. In the Eurozone, investors await the preliminary Harmonized Index of Consumer Prices (HICP) data for May, which will be released on Tuesday. The inflation data will influence mark