Gold prices rose 0.5% following July's inflation data showing a slowdown to 3.4% annually, easing fears of a Fed rate hike. Bitcoin and other cryptocurrencies also gained, supported by steady inflows into spot Bitcoin ETFs. However, analysts note that Bitcoin's typical panic selling phase, which signals a market bottom, has not yet occurred, suggesting the crypto market may not have fully bottomed. The next CPI report before the Fed's September decision will be crucial for confirming these trends.
Most major cryptocurrencies saw price declines, including Bitcoin down 0.46% to $78,109 and Ethereum down 0.97% to $2,459. Significant drops occurred in Binance Coin (BNB) by 4.18%, Chainlink (LINK) by 6%, and Polkadot (DOT) by 10.51%. Some coins lik...
U.S. mortgage rates have climbed close to 7%, driven by rising Treasury yields amid inflation concerns and strong economic data. The 30-year fixed mortgage rate reached 6.85%, the highest since June 2025, influenced by a 10-year Treasury yield nearin...
Bitcoin's price dropped about 4.6% from its September 3 peak of $82,283 to trade near $78,500 on September 9, pressured by weakening momentum and a possible bearish head-and-shoulders pattern. The cryptocurrency faces key support around $78,000–$79,0...
On September 8, XRP ETFs recorded $1.55 million in net inflows, standing out as the only crypto ETFs to attract new capital while Bitcoin, Ethereum, Solana, and Hyperliquid ETFs experienced outflows. Despite this daily lead, XRP's inflows are modest ...
XRP exchange-traded funds (ETFs) attracted $1.55 million in net inflows on September 8, contrasting with outflows from Bitcoin, Ethereum, and Solana ETFs. Bitcoin ETFs experienced the largest withdrawals at about $46.65 million, followed by Ethereum ...
