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Gold falls for third week amid strong dollar and Fed rate hike fears; bullish views on gold and Bitcoin persist.

Market News
21 Jun 2026
Bitcoin
View Source
Bearish
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Gold prices declined for the third consecutive week, dropping to around $4,156 due to a stronger U.S. dollar and expectations of Federal Reserve rate hikes. Despite a midweek rally sparked by easing U.S.-Iran tensions, the Fed's hawkish signals and rising inflation data pushed gold down, extending its June losses to about 8.5%. Analysts remain divided, with some viewing the pullback as a normal correction and others lowering year-end targets. Notably, investors like Lawrence Lepard remain bullish on gold and Bitcoin, citing long-term debt concerns and digital scarcity, with Bitcoin potentially reaching $1 million in the future. Market watchers will focus on upcoming inflation, jobs data, and Fed commentary for further direction.

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Japanese firms use NVIDIA Nemotron to build AI tailored for local industries and workforce needs.

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ARCpoint delays annual financial filings due to funding issues, expects to file by Sept 29, 2026.

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Ecopetrol to release Q2 2026 financial results on August 3 with a follow-up virtual conference.

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Bitcoin whales aren't selling due to quantum computing fears, but some institutional buyers are cautious.

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Galaxy Digital reports that large Bitcoin holders (whales) have not sold their holdings over fears of quantum computing risks. Instead, concerns about quantum threats seem to influence institutional investors who are hesitant to buy Bitcoin. Recent l...

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Visionstate pauses $500K-$1M financing to refine strategy for its MIRA platform growth.

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