Key highlights: Goldman Sachs has cut its near-term gold price target from $5,400 to $4,900. The Wall Street giant says falling chances of an interest rate cut will affect gold prices. However, countries are still buying the precious metal with retail traders waiting on the sidelines. Goldman Sachs has revised its end-of-year target for the […]
Tag: Iran
Key highlights: Glassnode warns that the Bitcoin price is still in the bearish phase. The Bitcoin price’s recent recovery was driven by the peace agreement between the US and Iran. On-chain indicators also highlight that BTC is still under pressure. Bitcoin’s recent price recovery has sparked a fresh wave of optimism in the crypto market. […]
Key highlights: Bitcoin fell to around $63,000 as the crypto market reacted to the Fed’s hawkish outlook Only nine of 18 Fed officials expect at least one interest rate hike before 2026 ends. The signed U.S.-Iran peace deal failed to lift the market as investors took profits. The crypto market resumed its decline on Wednesday […]