Gold prices rose on Thursday as geopolitical uncertainty and trade war concerns boosted safe-haven demand, with low trading volumes expected as U.S. markets are closed for the Thanksgiving holiday. Spot gold was up 0.2% to $2,641.79 per ounce at 10:07 a.m. ET (1507 GMT). U.S. gold futures were steady at...
As Inauguration Day nears, investors are trying to unravel what booms or busts lay ahead under President-elect Donald Trump. Trump’s campaign promises — from tariffs to mass deportations, tax cuts and deregulation — and his picks to lead federal agencies suggest both risks and rewards for various investment sectors, according...
If Bitcoin (BTC) replicates past cycle performances, the asset could trade at $100,000 or higher in December. Notably, the cryptocurrency market remains on edge, anticipating Bitcoin’s push to the six-figure valuation amid the ongoing post-election rally. Historically, Bitcoin has shown a tendency to rally in December following the United States...
Bitcoin dominance has printed a significant signal for altcoin investors, that could see smaller cryptocurrencies rally during December and attract more investments ahead of Jan. 20. Bitcoin BTC$96,316 dominance, which measures the ratio of Bitcoin to the total value of the crypto market, has fallen to 56.1%, below its two-year support line,...
The United States and other developed markets have been making investors think twice about emerging markets (EM), but bulls look primed to run. On the other hand, bears are skeptical, especially given the current strength in U.S. stocks.
The Dow Jones Industrial Average and S&P 500 rose to new heights on Friday amid a shortened trading day that capped a strong month for equities. The S&P 500 added 0.56% to 6,032.38, while the Nasdaq Composite jumped 0.83% to 19,218.17.The Dow climbed...
Ripple Invests in XRP’s Future With Bold Bet on Bitwise ETP Ripple announced its investment in the rebranded Bitwise Physical XRP exchange-traded product (ETP) on Wednesday, signaling its commitment to expanding access to XRP in institutional markets. The move highlights XRP’s growing importance...
The price of bitcoin is tracking for one of its best months of the year after former President Donald Trump’s election victory catapulted the flagship cryptocurrency to new records consistently throughout the month. Bitcoin is on pace to post...
A broad stock rally pushed the Dow Jones Industrial Average, S&P 500 and small-cap focused Russell 2000 index to new records on Monday. Investors bet President-elect Donald Trump’s choice for Treasury secretary, Scott Bessent, would help guide the economy without sparking inflation. The blue-chip Dow rose 440.06 points, or 0.99%, to 44,736.57. The broad S&P...
Bitcoin rebounded 6.25% from its local low of $90,742 to above $96,000 on Nov. 29 as onchain data suggested whales “took advantage” of discounted prices this week. BTC/USD daily chart. Source: Cointelegraph/TradingView Bitcoin whales snap up $1.5B more on BTC price dip Data from Cointelegraph Markets Pro and TradingView showed a Bitcoin BTC$96,432 price recovery taking shape after...
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