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Tag: interest rates

UBS Favors Gold as ‘Most Preferred’ — Says ‘Hedging Properties Remain Attractive’

September 23, 2024 wp-bot Bitcoin News

UBS remains optimistic about gold’s potential, despite its current record highs. The Swiss investment bank highlights key factors, including the Federal Reserve’s rate cuts and

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Bitcoin leads $321M crypto inflows following Fed rate reduction

September 23, 2024 wp-bot Cointelegraph

Digital asset investment products posted a second consecutive week of inflows last week, totaling $321 million, CoinShares reported.

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Gold hits new high as Bitcoin rallies to month high at above $64K

September 23, 2024 wp-bot Cointelegraph

Gold gains more than 5% in a fortnight, reaching a record high driven by rate cuts and geopolitical tension.

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Bitcoin is pinned below $65K but several market structure-altering factors are at play

September 21, 2024 wp-bot Cointelegraph

Bitcoin must overcome resistance in the $64,000 to $66,000 zone before a new set of growth catalysts initiate the path to six-figure BTC price territory.

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Ethereum Poised For A Comeback Following Interest Rate Cut: Steno Research

September 20, 2024 wp-bot News BTC

According to Steno Research, Ethereum’s (ETH) days of underperformance against the wider crypto market might be numbered following the US Federal Reserve’s (Fed) decision to

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JPMorgan CEO Jamie Dimon on Fed Rate Cuts: Bigger Economic Problems Ahead

September 19, 2024 wp-bot Bitcoin News

JPMorgan Chase CEO Jamie Dimon has downplayed the significance of Federal Reserve rate cuts, emphasizing that broader economic forces are at play. He cautioned against

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