How high can Bitcoin go? Prediction markets suggest $100K
Bitcoin’s recent rally has spurred discussions about its potential to reach the $100,000 milestone, with prediction markets suggesting a 52% chance of Bitcoin hitting this level by the end of 2024. The cryptocurrency has benefited from positive sentiment driven by renewed investor interest and several factors that strengthen its appeal. Institutional adoption, most notably through […]
XRP eyes $0.7400 as investors continue holding onto profits
XRP, the native cryptocurrency of the XRP Ledger, is approaching the $0.74 mark as investors maintain their positions amid recent gains. This upward movement reflects a broader trend in the cryptocurrency market, where digital assets are experiencing renewed interest and price appreciation. Analysts note that XRP’s current trajectory is influenced by several factors, including positive […]
Gold dips amid firm US Dollar as Trump’s protectionist policies loom
Gold prices have declined amid a strengthening U.S. dollar and concerns over potential protectionist policies under President Donald Trump’s administration. The precious metal’s value has fallen as the dollar gains traction, making gold more expensive for holders of other currencies and reducing its appeal as a safe-haven asset. Investors are closely monitoring the administration’s trade […]
WTI retreats to near $68.00 on Chinese stimulus disappointment, stronger US Dollar
WTI crude oil prices dropped below $68 per barrel, pressured by renewed strength in the U.S. Dollar and disappointment over limited economic stimulus in China. The oil market faced a setback after China, the world’s largest oil importer, unveiled measures that fell short of boosting confidence in its economic recovery, stirring doubts over future demand. […]