The post Gold Price Forecast: XAU/USD wavers around $4,100 with the bearish trend intact appeared on BitcoinEthereumNews.com.
Gold (XAU/USD) nurses minor losses with price action contained within Thursday’s trading range, around the $4,100 level, set for 1.6% weekly depreciation. Precious metals struggled this week as the resumption of hostilities in Iran boosted Oil prices, pressuring central banks to hike interest rates. Markets are looking for direction on Friday amid a tense calm, and rumours that mediators are working to bring Washington and Tehran back to the negotiating table. Axios cited a US official affirming on Friday that the US is still committed to finding a resolution and that technical talks to reach a nuclear deal continue. The US Dollar Index, which measures the value of the Greenback against a basket of six peers, has bounced from levels near three-week highs amid a cautious market mood, and is drawing closer to the 101.00 level, which keeps Gold upside attempts limi
The post Peter Schiff: Bitcoin’s Gold Correlation Was Never Real, and Its Nasdaq Link Just Broke appeared on BitcoinEthereumNews.com.
Key Takeaways Peter Schiff said bitcoin’s gold correlation was never real as BTC trades above $64,000. Schiff has cited gold up 9% and the Nasdaq up 13% this year while bitcoin declines against both. Schiff warns of a bitcoin ‘slow death’; bulls counter the drawdown is a bear phase, not a verdict. Schiff Continues With His Anti-Bitcoin Narrative The latest salvo was highlighted on X by numerous analysts, summarizing Schiff’s argument that bitcoin cannot claim to be digital gold if it never traded like gold in the first place. The Euro Pacific Asset Management chief economist has spent months building the case. Image source: X His core exhibit has been performance comparisons, as in an earlier post, Schiff highlighted: “So far in 2026, gold is up 9%, silver is up 11%, the NASDAQ is up 13%, the Russell 2,000 is up 14%, while Bitcoin is down 11%. Congratula
Economist and longtime bitcoin critic Peter Schiff argued this week that BTC’s supposed correlation with gold “was never real,” while its historically tight relationship with the Nasdaq has now broken down. Schiff Continues With His Anti-Bitcoin Narrative The latest salvo was highlighted on X by numerous analysts, summarizing Schiff’s argument that bitcoin cannot claim to […]
The post Bitcoin price challenges $65K after Trump signals possible Iran talks appeared on BitcoinEthereumNews.com.
Bitcoin price has climbed toward the key $65,000 resistance zone after U.S. President Donald Trump said Iran had reached out to Washington to discuss a possible agreement, easing geopolitical concerns and lifting demand across risk assets. Summary Bitcoin price has climbed above $64,000 after Trump’s comments on possible Iran talks boosted risk sentiment. Rising futures open interest and options volume show traders are positioning for a move above $65,000. An inverse head-and-shoulders breakout targets $71,800, while rejection at $65,000 could send BTC back toward $62,000. According to data from crypto.news, Bitcoin (BTC) price rallied to an intraday high of $64,400 on Friday, up 2.65% on the day, while the total cryptocurrency market capitalization rose 2.17% to $2.21 trillion. Ethereum recovered toward $1,800, XRP held above a major support level, and Dogecoin also adva
Bitcoin price has climbed toward the key $65,000 resistance zone after U.S. President Donald Trump said Iran had reached out to Washington to discuss a possible agreement, easing geopolitical concerns and lifting demand across risk assets. According to data from…
The end of the US-Iran ceasefire heightens geopolitical tensions, impacting global markets and complicating future diplomatic resolutions.
The post Donald Trump confirms Iran’s request to continue talks with US, warns ceasefire is over appeared first on Crypto Briefing.
The post Qatar launches mediation talks with Iran and US over Strait of Hormuz appeared on BitcoinEthereumNews.com.
Qatar has dispatched negotiators to Iran for meetings with Iranian officials in a renewed diplomatic effort to de-escalate tensions and create conditions for broader negotiations to continue, according to a Reuters report citing a source familiar with the matter. The discussions are being conducted in coordination with the United States and focus on preventing a further deterioration in relations after the recent escalation between Washington and Tehran. According to Reuters, the talks are intended to address the implementation of the United States-Iran memorandum of understanding, as well as the issues that triggered the latest rise in tensions. Among the key topics under discussion are disputes over navigation in the Strait of Hormuz, a strategically important shipping route for global energy markets. The diplomatic initiative could be closely watched by financial marke
The post WTI price holds near $72 as US-Iran talks offset Hormuz supply risks appeared on BitcoinEthereumNews.com.
West Texas Intermediate (WTI) Oil trades around $72 at the time of writing on Friday, up 0.42% on the day, but remains in a consolidation phase after reaching a more than two-week high earlier this week. Investors are assessing mixed signals from the Middle East, balancing ongoing military tensions against renewed diplomatic efforts. Market sentiment improved slightly after a US official confirmed that technical talks with Iran remain ongoing despite US President Donald Trump’s comments that the memorandum of understanding with Tehran was no longer in effect. Reuters also reported that Qatari negotiators are in Iran to meet with Iranian officials in an effort to de-escalate tensions and create conditions for broader negotiations to continue, in coordination with the United States (US). According to a source cited by Reuters, the talks are focused on implementing the US-Ira
Heightened US-Iran tensions could destabilize global markets, impacting oil prices and increasing regulatory scrutiny on cryptocurrencies.
The post Israel shares intelligence with US on Iranian plot against Trump, raising geopolitical risk for markets appeared first on Crypto Briefing.