Gold Drops Over 1% on US Rate-Hike and Fed Tightening Bets
Gold prices fell more than 1% as market expectations of US interest rate hikes and Federal Reserve tightening weighed on the metal.
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Gold prices fell more than 1% as market expectations of US interest rate hikes and Federal Reserve tightening weighed on the metal.
The Ethereum co-founder aims to significantly expand the network's processing capacity without requiring every computer to repeat identical calculations.
Bitcoin ETFs recorded weekly inflows of $2.4 billion, erasing year-to-date losses across a seven-day streak.
The White House has published details of the understandings reached between the two superpowers, including tariff relief on consumer goods and a crisis hotline for artificial intelligence.
Washington and Beijing agreed to lower tariffs and establish a formal dialogue channel on artificial intelligence.
Bitcoin's share of the total cryptocurrency market has fallen below 60%, which could signal a potential shift toward alternative tokens.
China's president concluded his Washington visit and invited his US counterpart to continue talks in Beijing.
The global sell-off in government debt slowed, while US mortgage rates reached 7%.
WTI crude fell below $92 a barrel as talks concerning Iran eased immediate global supply jitters.
The United States and China have agreed to extend their bilateral trade truce by two months to allow for further progress in talks.
Surging US Treasury yields to multi-year highs have triggered a broad sell-off across digital asset markets.
Global investors adopt a cautious stance as they await the US president's speech at the General Assembly and potential sideline meetings.
Bitcoin pulled back from an eight-month high after a sharp 13% surge.
Crude oil prices reversed course and climbed amid expectations surrounding potential diplomatic talks at the UN General Assembly.
Crude oil fell below $100 following an increase in Saudi supply and remarks by Trump regarding Iran.
The cryptocurrency reached an eight-month high amid a surge in short liquidations and cooling oil prices.