Gold consolidates as Fed rate hike expectations weigh on prices

A busy week lies ahead on the US economic calendar, with Fed speeches, labor market data, and Nvidia earnings, while spot markets give up recent gains.

Anticipated Fed rate hikes may dampen gold's allure, while Strait of Hormuz tensions could disrupt global energy stability. The post Gold steady amid Fed rate hike fears; oil up on Strait of Hormuz tensions appeared first on Crypto Briefing.

Peter Schiff, chairman of Euro Pacific Asset Management and longtime gold advocate, told VRIC Media host Darrell Thomas this week that the U.S. economy is far more fragile than markets currently reflect, and that inflation is heading higher, not lower. Gold Advocate Peter Schiff Predicts $20,000 Gold Price Over the Next Decade During the interview, […]

The post Bitcoin: Can the Fed’s $26.3B liquidity injection stop BTC’s $60K retest? appeared on BitcoinEthereumNews.com. Currently, market FUD seems to be testing investor patience.  From a technical standpoint, major high-cap assets have slipped below important psychological levels, with more than $100 billion erased from the market in less than 72 hours. Bitcoin [BTC] has also dropped below the $80k level, leaving traders watching closely for the next directional move amid growing macro FUD. Against this backdrop, the Federal Reserve will be injecting $26.3 billion into the financial system, beginning with a $6.5 billion liquidity operation on the 18th of May. Historically, liquidity injections of this scale have tended to support risk assets. The logic is simple: when liquidity increases during risk-off conditions, markets tend to find stability as capital gradually rotates back into higher-risk trades. Source: TradingView (DXY) However, this cycle appears structurally different.  On

The post Jerome Powell Has Stepped Down from the Fed: So What Can We Expect for Interest Rates at the Next Meeting? Here’s the Latest Forecast appeared on BitcoinEthereumNews.com. Jerome Powell Has Stepped Down from the Fed: So What Can We Expect for Interest Rates at the Next Meeting? Here’s the Latest Forecast – Bitcoin Sistemi Insert This website uses Cookies to ensure the best experience for you.Accept Source: https://en.bitcoinsistemi.com/jerome-powell-has-stepped-down-from-the-fed-so-what-can-we-expect-for-interest-rates-at-the-next-mee/

The post Bitcoin and XRP Price Prediction After Iran Launches “Hormuz Safe” — Will Crypto Rally on Rising Geopolitical Tensions? appeared on BitcoinEthereumNews.com. Bitcoin and XRP prices remained under pressure as crypto markets struggled to recover from recent heavy losses across major digital assets. After the inflation data rose, investors were less optimistic about the Fed cutting interest rates this year.  Bitcoin price fell under $79,000, Ethereum under $2,200 and XRP around $1.40. Meanwhile, geopolitical tensions increased after Iran launched its new “Hormuz Safe” Bitcoin-based insurance platform connected to the Strait of Hormuz shipping route. Crypto Market Faces Heavy Selling Pressure The overall crypto market experienced a major correction, with significant drops in the value of major cryptocurrencies, and those losses amounted to nearly $90 billion. The entire crypto market capitalization fell 3% and came close to the $2.6 trillion support level. Bitcoin dipped to $77,678

The interim Fed leadership highlights potential governance challenges and market uncertainties during transitions, impacting economic stability. The post Powell gets temporary Fed chair role as Senate-confirmed Warsh prepares to take over appeared first on Crypto Briefing.