The post Gold flatlines above $4,100 as soft USD meets Fed hike bets, Iran risk appeared on BitcoinEthereumNews.com.
Gold (XAU/USD) reverses a modest Asian session dip to the $4,109-$4,108 region on Friday, though it lacks bullish conviction. The US Dollar (USD) selling remains unabated for the third consecutive day in the wake of Wednesday’s less hawkish FOMC Minutes and offers some support to the commodity. However, prospects of a US Federal Reserve (Fed) rate hike in 2026 remain active. This, along with geopolitical uncertainties, could limit USD losses, warranting some caution before positioning for an extension of the recovery from a one-week low set on Wednesday. The minutes from the June 16–17 FOMC meeting, released on Wednesday, revealed that policymakers were divided over the direction of interest rates. The minutes further stated that many participants indicated the appropriate level of the federal funds rate would be within or slightly below the current target range at the e
The post Silver Price Forecast: XAG/USD rises as oil prices correct, US Dollar faces pressure appeared on BitcoinEthereumNews.com.
Silver price (XAG/USD) trades 0.4% higher to near $60.22 during the European trading session on Friday. The white metal gains as the US Dollar (USD) continues to remain under pressure amid hopes that the restart of the war between the United States (US) and Iran won’t long last. At press time, the US Dollar Index (DXY), which tracks the Greenback’s value against six major currencies, trades 0.17% lower to near 100.76. The DXY fell further during the day to near its three-week low at around 100.60. Technically, a lower US Dollar makes the Silver price a favorable risk-reward bet for investors. Earlier in the day, a US official confirmed that technical talks with Iran remained continued, despite President Donald Trump declaring that the memorandum of understanding (MoU) with Tehran is over. Late Wednesday, US President Trump said that he had a conversation wi
The post Bitcoin (BTC) Eyes Critical $64,700 Level as Traders Monitor Daily Close appeared on BitcoinEthereumNews.com.
TLDR BTC recovered above the $63,000 mark with approximately 1.5% gains following Trump’s statement about Iran seeking negotiations Market participants are closely monitoring $64,700 as a critical daily closing threshold that could trigger a substantial relief rally Short position liquidations in the cryptocurrency market reached approximately $100 million over a 24-hour period Blockchain analytics reveal short-term holder losses matching patterns typically observed near historical cycle bottoms Large-scale holders accumulated 10,000 BTC during the current month, suggesting an accumulation period may be underway Bitcoin pushed back above the $63,000 threshold this Thursday following remarks from US President Donald Trump indicating that Iran is seeking diplomatic engagement. The leading cryptocurrency posted gains of roughly 1.5% during the trading session. Bitcoin (BT
The post Pound Sterling Price News and Forecast: GBP gains ground to near 1.3430 early European session appeared on BitcoinEthereumNews.com.
The GBP/USD pair trades in positive territory around 1.3430 during the early European trading hours on Friday. The UK government leadership transition and growing expectations of further Bank of England (BoE) interest rate hikes underpin the British Pound (GBP) against the US Dollar (USD). Andy Burnham’s path to becoming the next UK prime minister looks certain after a vast majority of Labour MPs formally nominated him to be the next party leader. Bloomberg reported on Thursday that 322 of 403 Labour members of Parliament voted for Burnham at the end of the first day of the party’s leadership contest to replace Keir Starmer. Burnham is expected to formally become Prime Minister on July 20. Read more… British Pound gains traction above 1.3400 as markets bet on BoE rate hikes The GBP/USD pair gathers strength to around 1.3430 during the Asian tradin
The post Australian Dollar holds mid-0.6900s as weak USD meets Iran risks appeared on BitcoinEthereumNews.com.
The AUD/USD pair attracts buyers for the second straight day and climbs to a two-and-a-half-week top, around the 0.6970 area, during the Asian session on Friday. Spot prices, however, retreat a few pips in the last hour and currently trade around mid-0.6900s, still up 0.10% for the day. Against the backdrop of Wednesday’s less hawkish FOMC Minutes, hopes for diplomacy to ease tensions in the Middle East drag the safe-haven US Dollar (USD) to an over one-week low and act as a tailwind for the AUD/USD pair. US President Donald Trump told reporters on Thursday that Iran had called to make a deal with the US. Furthermore, a White House official signaled that the US is still committed to the memorandum of understanding with Iran as technical talks over Tehran’s nuclear program and the Strait of Hormuz continue. However, the geopolitical risk premium remains in play amid renewed fig
The post Indian Rupee gains further as US Dollar extends decline appeared on BitcoinEthereumNews.com.
The Indian Rupee (INR) extends Thursday’s recovery against the US Dollar (USD) in the opening session on Friday. The USD/INR pair falls further to near 95.22 as the US Dollar weakens as the restart of the war in the Middle East between the United States (US) and Iran won’t be prolonged. However, the Indian Rupee could show signs of weakness as oil prices remain higher. As of writing, the US Dollar Index (DXY), which tracks the Greenback’s value against six major currencies, trades 0.3% lower to near its three-week low of 100.60. The DXY extends its losing streak for the third trading day on Friday. US confirms technical talks with Iran are still on According to The Times of Israel, a US official has confirmed that technical talks with Iran remain ongoing, even as President Donald Trump has declared that the Memorandum of Understanding (MoU) with Tehran is over. Also, US President Trump
The post Polymarket odds peg BTC above $52K at 99.95% as July 12 ladder tightens appeared on BitcoinEthereumNews.com.
Rongchai Wang
Jul 10, 2026 06:03
Bitcoin held above $62,000 as U.S.-Iran tensions flared again, while oil rose a third day and gold fell a fourth, leaving crypto relatively muted.
Polymarket odds peg BTC above $52K at 99.95% as July 12 ladder tightens Polymarket’s BTC July 12 Ladder Holds Steady After U.S.-Iran Tension Headlines Polymarket’s Bitcoin ladder for July 12 is pricing a high-confidence floor, with “BTC above $52,000” at 99.95% on $280,453 in volume. The tight range of per-strike odds follows a macro-news beat about muted crypto reaction to renewed U.S.-Iran tensions, giving a clean read on where traders place the key cutoff levels by expiry. Key Takeaways Polymarket’s leading line is BTC above $52,000 on July 12 at 99.95% implied odds. After a headline framing bitcoin as steady amid renewed U.S.-Iran tensions, the ladder concentrates probabi
The post Bitcoin, XRP, DOGE Rise as US-Iran Technical Talks to Continue Despite Strikes appeared on BitcoinEthereumNews.com.
Bitcoin (BTC), Ethereum (ETH), XRP, and Dogecoin (DOGE) have recovered as technical talks between the US and Iran continue, according to a US official. This comes as Middle East tensions rise following two days of strikes that threatened to collapse an already fragile ceasefire, with President Trump saying the ceasefire is “over.” Technical Talks with Iran Will Proceed, Says US Official A US official confirmed that the US remains committed to a resolution and that technical talks with Iran will proceed, Bloomberg reported. These focus on issues including nuclear matters, the performance-based MOU, sanctions, and shipping in the Strait of Hormuz. As a result, Oil prices slipped lower, the US 10-year Treasury note eased to around 4.54%, and the US dollar index (DXY) fell toward 100.5 on Friday. This helped trigger a significant jump in Asian stock markets and crypt
The post XRP price jumps 2% on bitcoin strength as buyers push through $1.10 resistance appeared on BitcoinEthereumNews.com.
• The main breakout came around 01:00 UTC, when volume jumped to 43.51 million XRP, about 88% above the 24-hour average. • The move carried XRP to an intraday high of $1.1065 before price stabilized near $1.1020-$1.1040. • A later 60-minute spike reached 14.17 million in volume, pushing XRP from $1.0958 to $1.1052 before profit-taking slowed the move. Technical Analysis • The key development is that XRP cleared the $1.0950-$1.1000 area after several sessions of range-bound trading. • The breakout was supported by volume, which gives the move more weight than the earlier low-volume attempts above resistance. • Higher lows through the session show buyers are stepping in earlier, with $1.0880 acting as the main support level during pullbacks. • The post-breakout hold near $1.1020-$1.1040 is constructive because XRP did not immediately lose the $1.10 area after the s
