Bitcoin's (BTC) decline has been sustained by three fundamental factors, including uncertainty around a December rate cut by the US Federal Reserve (Fed), increased selling from digital asset treasuries (DATs) and growing concerns over Strategy's … [Continue reading]
Dow Jones Industrial Average rebounds on hopeful Friday
The Dow Jones Industrial Average (DJIA) caught a healthy rebound on Friday, climbing over 700 points to round out an otherwise bearish trading week. Key Federal Reserve (Fed) officials sounded more willing to deliver an upcoming interest rate cut … [Continue reading]
Ethereum Price Forecast: ETH falls below $2,750 following strong US selling pressure
Ethereum price today: $2,730The Ethereum Coinbase Premium Index has plunged to -0.128, its lowest level since February.Ethereum ETFs have shed over $1.28 billion after recording eight consecutive days of outflows.ETH could drop to $2,300 if it fails … [Continue reading]
USD/JPY Price Forecast: Momentum eases but trend structure stays firmly bullish
The Japanese Yen (JPY) strengthens against the US Dollar (USD) on Friday, with USD/JPY snapping a four-day winning streak after fresh verbal intervention warnings from Tokyo prompted mild profit-taking. At the time of writing, the pair is trading … [Continue reading]
United States Baker Hughes US Oil Rig Count came in at 419, above forecasts (418)
Bitcoin is retesting April levels, falling toward $80,000 amid $2 billion crypto liquidations. Ethereum downtrend accelerates toward $2,500 as institutional investors exit. XRP extends its decline below $2.00, weighed down by decreasing retail … [Continue reading]
Gold rallies past $4,100 as dovish Fed sparks December cut frenzy
Gold (XAU/USD) remains steady during the North American session on Friday as a Federal Reserve (Fed) officials opened the door for a cut at the December meeting. At the time of writing, XAU/USD trades at $4,096, up by 0.53%, after hitting a daily … [Continue reading]
XRP extends losses below $2.00 amid subdued retail interest
Ripple (XRP) is extending its down leg below $2.00, trading at $1.87 at the time of writing on Friday. Heightened volatility and macroeconomic uncertainty are supporting the sticky risk-off sentiment in the broader cryptocurrency market.Since the … [Continue reading]
WTI Oil falls to one-month lows amid Ukraine peace talks, supply concerns
West Texas Intermediate (WTI) US Oil trades around $57.60 on Friday at the time of writing, down 1.90% on the day. The Crude Oil extends its three-day losing streak, slipping below the $58.00 level as investors reassess geopolitical risks in Eastern … [Continue reading]
Zcash Price Forecast: ZEC extends decline as retail demand steadies
Zcash (ZEC) is trading above $630 at the time of writing on Friday, after extending its intraday decline to $595. Despite ZEC's correction from a heavy supply zone at $700, the privacy-oriented token is showing signs of stability, which could see it … [Continue reading]
XRP slides below $2.00 as ETF inflows fail to counter weak retail demand
Ripple (XRP) is extending its down leg below $2.00, trading at $1.87 at the time of writing on Friday. Heightened volatility and macroeconomic uncertainty are supporting the sticky risk-off sentiment in the broader cryptocurrency market.Since the … [Continue reading]