The Best Trade of the Week Wasn’t Crypto or Gold, It Was Your Morning Coffee

Central banks' shift from the US dollar signals a move towards a multipolar monetary system, with increased reliance on gold and the euro. The post OMFIF survey shows central banks planning to cut US Dollar exposure for first time ever appeared first on Crypto Briefing.

The post Gold: Price dip seen limited as PBoC buying continues – Commerzbank appeared on BitcoinEthereumNews.com. Commerzbank’s Carsten Fritsch notes Gold fell to USD 4,120 per ounce after fresh Iranian attacks lifted TTF gas and Oil prices, but Fed rate expectations remain unchanged. He argues downside is limited, as the People’s Bank of China has bought Gold for 20 straight months, recently accelerating purchases and adding 33 tons over the last three months on the lower price environment. Chinese demand cushions recent weakness “The price of gold fell to USD 4,120 per troy ounce this morning following Iranian attacks on two cargo ships and an LNG tanker in the Strait of Hormuz. As a result, the TTF natural gas price rose significantly, and oil prices also edged up slightly, fueling inflation concerns.” “However, there was no change in Fed rate hike expectations. The market continues to anticipate interest rate hikes by the Fed of around 30 basis points by the end of the year. As a r

The post Bitcoin Holds Near $63K as Coffee Outshines Crypto and Gold appeared on BitcoinEthereumNews.com. Bitcoin News Bitcoin (BTC) traded quietly this week even as the single best trade across global markets came from an unlikely place: the coffee aisle. While Bitcoin and gold absorbed most of the attention, arabica coffee delivered a move neither could match, jumping in one session by a margin that dwarfed the crypto majors. For traders tracking Bitcoin as a macro barometer, the contrast is instructive: the flagship digital asset posted a steady but modest advance, while a soft commodity staged one of the largest daily rallies of the century, underscoring how rotation into hard assets is reshaping this cycle. The commodity that stole the spotlight was arabica coffee, which surged 16.19% on Monday for its biggest single-day gain this century and closed at a 5.5-month high. Robusta contracts climbed 8.83% in the same session to a five-month peak. The advance lifted coffee futures roug

The post Canada International Merchandise Trade registered at $4.24B above expectations ($2.7B) in May appeared on BitcoinEthereumNews.com. Gold stages a rebound after dropping toward $4,100 earlier Tuesday and trades above $4,150 in the American session. Crude oil prices edge higher amid renewed tensions in the Strait of Hormuz, reviving inflationary concerns. This, in turn, triggers a fresh leg up in US Treasury bond yields, offering some support to the US Dollar, and making it difficult for the yellow metal to gain traction. Source: https://www.fxstreet.com/news/canada-international-merchandise-trade-registered-at-424b-above-expectations-27b-in-may-202607071230

This shift may alter global financial stability, influence currency valuations, and reshape international economic power dynamics. The post Central banks to cut US dollar holdings, boost gold and euro reserves: Reuters appeared first on Crypto Briefing.

XRPPower integrates AI analysis, automated management, and risk monitoring as investors explore new digital finance solutions amid global market uncertainty. Entering 2026, global financial markets remain highly focused on the Federal Reserve’s interest rate policy. In recent years, the Fed…

Another analyst outlined an 'insane' correlation between ETH and the copper/gold chart.

Market uncertainty due to Fed's unclear guidance may drive investors towards safe-haven assets, impacting gold and crypto volatility. The post Gold little changed as traders await Federal Reserve meeting minutes appeared first on Crypto Briefing.