Gold Languishes Near Daily Low As Stronger Dollar, Hawkish Fed Bets Weigh

Cathie Wood raised her Bitcoin price prediction to $1.25 million bull case and $750,000 base case for the next 4-year cycle. She cites accelerating institutional adoption, clearer regulations, and shifting asset allocation as key drivers. Wood believes Bitcoin will replace gold as a store of value, especially among younger generations. Cathie Wood has reiterated her […] The post Bitcoin to $1.25M? Cathie Wood Explains What Could Drive It appeared first on Live Bitcoin News.

The post Crypto Market Sheds $13B as Squid Loses $3.2M, Warsh Takes Fed Helm appeared on BitcoinEthereumNews.com. Crypto News The total crypto market capitalization slipped 0.51% over the past 24 hours, shedding roughly $13 billion and dropping to $2.54 trillion as risk capital continued rotating toward US equities. Bitcoin traded at $76,786, down 0.60% and pinned just above a key technical level, while Zcash led the downside with a 4.25% drop to $624 on lighter sell volume than recent sessions. The print rests directly on the 0.382 Fibonacci level at $2.53 trillion, drawn from the late-March low to the early-May peak. Memorial Day kept US stocks shut on Monday, but Friday’s S&P 500 close at 7,473.47 carried risk-off momentum through Asia and into the European session. Commonwealth Bank of Australia chief executive Matt Comyn warned that artificial intelligence will reshape work across the broader economy, cautioning that downplaying the technology’s impact on jobs offers no protection

Rising oil prices due to geopolitical tensions may prolong inflation, influencing central bank policies and impacting investment strategies. The post Gold slips as US-Iran tensions lift oil prices and stoke inflation fears appeared first on Crypto Briefing.

The post ECB Officials Signal Urgency: Faster Action Needed To Tame Stubborn Inflation appeared on BitcoinEthereumNews.com. ECB Officials Signal Urgency: Faster Action Needed To Tame Stubborn Inflation Skip to content Home Forex News ECB Officials Signal Urgency: Faster Action Needed to Tame Stubborn Inflation Source: https://bitcoinworld.co.in/ecb-officials-urgent-action-inflation/

The post British Pound Faces Upside Risk To 1.3530 Against US Dollar, Says UOB appeared on BitcoinEthereumNews.com. British Pound Faces Upside Risk To 1.3530 Against US Dollar, Says UOB Skip to content Home Forex News British Pound Faces Upside Risk to 1.3530 Against US Dollar, Says UOB Source: https://bitcoinworld.co.in/british-pound-upside-risk-13530-usd-uob/

The post Singapore Consumer Price Index (YoY) came in at 1.8 below forecasts (2) in April appeared on BitcoinEthereumNews.com. Gold struggles to build on its modest Asian session gains to the $4,580 region, and remains below the top boundary of a range held over the past week amid mixed fundamental cues. Developments over the weekend spurred hopes for a potential US-Iran peace deal, undermining the US Dollar’s reserve currency status and lending support to the commodity. The US and Iran, however, remain at odds over key issues. Source: https://www.fxstreet.com/news/singapore-consumer-price-index-yoy-came-in-at-18-below-forecasts-2-in-april-202605250500

The post AUD/USD Holds Above 0.7150 As Traders Eye Nine-Day EMA Breakout appeared on BitcoinEthereumNews.com. AUD/USD Holds Above 0.7150 As Traders Eye Nine-Day EMA Breakout Skip to content Home Forex News AUD/USD Holds Above 0.7150 as Traders Eye Nine-Day EMA Breakout Source: https://bitcoinworld.co.in/aud-usd-holds-above-07150-nine-day-ema/

The post Gold price in United Arab Emirates: Rates on May 25 appeared on BitcoinEthereumNews.com. Gold prices rose in United Arab Emirates on Monday, according to data compiled by FXStreet. The price for Gold stood at 538.82 United Arab Emirates Dirhams (AED) per gram, up compared with the AED 532.56 it cost on Friday. The price for Gold increased to AED 6,284.65 per tola from AED 6,211.69 per tola on friday. Unit measure Gold Price in AED 1 Gram 538.82 10 Grams 5,388.16 Tola 6,284.65 Troy Ounce 16,759.10 FXStreet calculates Gold prices in United Arab Emirates by adapting international prices (USD/AED) to the local currency and measurement units. Prices are updated daily based on the market rates taken at the time of publication. Prices are just for reference and local rates could diverge slightly. Gold FAQs Gold has played a key role in human’s history as it has been widely used as a store of value and medium of exchange. Currently, apart from its shine and usage for jewelry, the prec