Goldman Sachs cuts year-end gold target by $500, doubting rate cuts
Goldman Sachs revised its year-end forecast for gold to $4,900, indicating a rise from current levels, but less than previously expected.
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Goldman Sachs revised its year-end forecast for gold to $4,900, indicating a rise from current levels, but less than previously expected.
Bitwise analysts say Bitcoin trades in a historical value zone, but hawkish Federal Reserve signals and a competition for liquidity could sideline buyers.
Japan’s highest rates since 1995 are putting global liquidity back in focus as traders anticipate 26%–38% BTC price declines.
CME FedWatch shows the market is expecting the Federal Reserve to cut rates by 25 basis points this month, which would be the third cut […]
The Fed is expected to deliver its first interest rate cut since the pandemic, which could introduce more volatility before the next Bitcoin leg up.
Goldman Sach’s economists said the Federal Reserve could also cut rates next month, and analysts say this could be welcomed by Bitcoin traders.
This marks the bank’s first interest rate cut in over four years, with the last rate cut occurring in March 2020.
The average APR offered by blockchain credit protocols is 9.65% compared to an average personal loan interest rate of 11.5%, data shows. Blockchain-based lending is […]
An increase in the Fed rate is considered bearish for the crypto market as it constrains the flow of funds into the market, while a […]
A surge in CME BTC volumes and open interest highlight institutional investors’ growing interest in Bitcoin. Will it be enough to keep the price in […]
