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Bitcoin Tops $66K as Inflation Cools, $9.67M in Shorts Liquidated

Bitcoin prices continued climbing this week, reaching an intraday peak of $66,456 per unit at 10:35 a.m. ET on Friday, marking a 2.4% boost against the U.S. dollar today and…

Continue ReadingBitcoin Tops $66K as Inflation Cools, $9.67M in Shorts Liquidated

PCE Report Triggers Gold Slide, Analyst Warns Fed Rate Cut Could Deepen Losses

On Friday, Aug. 30, 2024, gold experienced a decline in value, coinciding with the U.S. Commerce Department’s release of the personal consumption expenditures (PCE) price index data. The PCE climbed…

Continue ReadingPCE Report Triggers Gold Slide, Analyst Warns Fed Rate Cut Could Deepen Losses