By Marco Piccolo Key highlights: Bank of America lifts its 2026 gold price forecast to $5,000 per ounce, with an average of $4,400. Analysts cite surging investment demand and safe-haven inflows amid renewed U.S.–China trade tensions. Other banks, including Societe Generale and Goldman Sachs, also see gold reaching close to $5,000 in the coming years. […]
Tag: ETF
By Emir Abyazov Bitcoin crash sparks $900B selloff as gold soars past $4,000 The largest cryptocurrency collapse in history The crypto market has experienced its largest-ever crash, sending shockwaves across global finance. On October 10, forced liquidations reached $19.31 billion — more than ten times the losses seen during the COVID-19 crash and the FTX […]
By YDN Key Points Altcoins suffered even steeper losses, with Cardano and Dogecoin each shedding over 20% in value. Major trading platforms including Binance, Coinbase, and Robinhood buckled under unprecedented trading volume, leading to widespread technical disruptions. Over $9.5 billion in leveraged positions were liquidated within hours, with longs accounting for the vast majority. […]