Gold and silver prices fell in early U.S. trading, with spot gold near $4,390.40 and silver at $64.89 an ounce. The decline comes despite fading expectations for a September Federal Reserve rate hike, as rising long-term Treasury yields and an increased oil-risk premium weigh on prices. The 10-year Treasury yield hit 4.74%, and the 30-year yield reached levels not seen since 2007, driven by inflation concerns linked to energy prices and geopolitical tensions in the Strait of Hormuz. Upcoming U.S. economic data and Fed meeting minutes will be key for market direction. Oil prices remain elevated, supporting inflation risks and defensive demand for gold, while higher yields limit gold's upside potential.
Chainlink (LINK) is trading near $9.49, up 1.31% in 24 hours, and currently forming a bullish pennant pattern, which suggests a pause in buying after a rally with controlled selling pressure. Analyst Quinten highlights that a confirmed breakout above...
Cardano (ADA) has shown a bullish signal on its daily charts, with the TD Sequential indicator suggesting a rebound starting from the $0.17 resistance level. Analyst Ali Martinez targets a near-term price of $0.20, supported by whale activity and tec...
A Singapore court has frozen about S$75 million worth of Bitcoin and USD Coin after a major crypto trading platform claimed an internal ledger error mistakenly credited 2,500 BTC and 2,500 Bitcoin Cash to a long-time customer in July 2024. The custom...
SUI cryptocurrency fell 3.11% to around $0.6552 after breaking below its $0.67 support level, signaling bearish momentum. Analysts highlight the $0.642-$0.65 zone as a crucial area where buyers might defend the price to prevent further decline. If SU...
Avalanche's price hovers near $6.35 following the launch of the Neuberger Securitize High Income Tokenized Fund (HINC), a new fixed-income tokenized fund on its blockchain. The fund, sub-advised by Neuberger Berman, includes high-yield bonds, collate...
