Category Archives: Business
May 17, 2025
Gold (XAU/USD) Weekly Price Forecast: Can Bulls Defend Key Support?
Key Takeaways: Gold’s Weekly Performance Gold prices fell sharply, breaking below $3,200 before a slight recovery. $3,200 remains a critical level—reclaiming it could signal bullish momentum. If support fails, a drop toward $3,000 (a major psychological level) is possible. Long-term resistance at $3,500 remains a tough barrier for bulls. Gold’s Weekly Price Action: A Battle for Control Gold (XAU/USD) faced […]
May 15, 2025
XRP Overtakes USDT in Market Cap Amid $1.2 Billion Korean Trading Frenzy – What’s Next?
XRP Flips Tether (USDT) as $1.2 Billion Trading Volume Fuels Surge In a stunning market shift, XRP has surpassed Tether (USDT) in market capitalization, securing its position as the third-largest cryptocurrency by market cap. According to CoinMarketCap, XRP now boasts a 153billionvaluation∗∗,edgingpastUSDT′s∗∗153billionvaluation∗∗,edgingpastUSDT′s∗∗150 billion market cap. Key Drivers Behind XRP’s Sudden Rally The surge comes as South Korean exchanges report massive XRP/KRW trading volumes, […]
May 15, 2025
Gold Price Forecast: XAU/USD Rises Above $3,150 as Risk Sentiment Improves
Gold (XAU/USD) edges higher to $3,180 in early Asian trading as easing trade tensions reduce safe-haven demand. Key US economic data and Fed commentary in focus today. The Gold price (XAU/USD) is trading modestly higher near $3,180 in Thursday’s Asian session, recovering slightly from recent losses. However, improving risk appetite and progress in US-China trade negotiations may limit further upside for […]
May 13, 2025
Bitcoin Price Drops Despite US-China Trade Deal: Here’s Why
Bitcoin Sell-Off Defies Market Expectations Bitcoin (BTC) unexpectedly fell to 102,000∗∗despitea∗∗US−Chinatariffagreement∗∗thatboostedstockmarkets.Thecryptocurrencyhadrecentlyhita∗∗three−monthhighof102,000∗∗despitea∗∗US−Chinatariffagreement∗∗thatboostedstockmarkets.Thecryptocurrencyhadrecentlyhita∗∗three−monthhighof105,720 before retreating, leaving traders questioning the divergence from traditional markets. Key Factors Behind Bitcoin’s Decline ✅ Shift to Risk-On Assets – Investors moved capital into stocks as trade tensions eased, reducing demand for alternative assets like Bitcoin. ✅ Strong Correlation With Stocks – Bitcoin’s 83% 30-day correlation with the S&P 500 suggests […]
May 13, 2025
Gold Prices Drop Over 2% as US-China Tariff Deal Boosts Risk Sentiment
Gold prices tumbled more than 2% on Monday as investors shifted away from safe-haven assets following a temporary US-China tariff agreement, easing trade war fears. Key Gold Market Movements Spot gold fell 2.6% to $3,237.04 per ounce (as of 11:32 AM ET). US gold futures dropped 3.1% to $3,241.70. Gold had previously hit a record high of $3,500.05 last month amid escalating trade tensions. Why Did Gold Prices […]
May 12, 2025
Bitcoin & Altcoin Price Forecast: 3 Key Catalysts to Watch This Week
Gold Retreats After Breakout – What’s Next? Gold prices (XAU/USD) fell on Thursday, hitting a three-day low of 3,298** as the precious metal tested crucial support near its recent break out level. Earlier this week, golds urged pasta**bull flag pattern**, confirming a bullish signal with a ** close above3,298**as the precious metal tested crucial upport […]
May 12, 2025
Gold Price Forecast: Will CPI Data & Powell’s Speech Drive XAU/USD Higher?
Gold (XAU/USD) surged 2.61% last week, closing at $3,325.39 as Federal Reserve caution, a weaker U.S. dollar, and safe-haven demand fueled bullish momentum. With traders now pricing in up to 75bps in Fed rate cuts by year-end, this week’s CPI data and Fed Chair Powell’s speech could dictate gold’s next major move. Key Drivers Behind Gold’s Rally 1. Fed Uncertainty Boosts Safe-Haven Appeal The Fed […]
May 11, 2025
Trump’s Crypto Ties Stall GENIUS Act Amid Growing Conflict Concerns
Donald Trump’s personal cryptocurrency ventures are creating roadblocks for his administration’s crypto regulatory agenda, with the GENIUS Act—a key stablecoin regulation bill—failing to pass the Senate this week. Lawmakers on both sides of the aisle are raising conflict-of-interest concerns, particularly over Trump’s promotion of his $TRUMP meme coin and ties to a Trump-linked stablecoin. Why […]