Bitcoin reaches record highs, surpassing $118,000 as large investors invest in ETFs.

Bitcoin reaches record highs, surpassing $118,000 as large investors invest in ETFs.

Bitcoin Hits New Record Amid ETF Inflows Bitcoin’s recent rally continued on Friday, marked by significant inflows into Bitcoin ETFs, pushing its price to a new all-time high. According to Coin Metrics, Bitcoin’s value rose by 4%, reaching $118,396.01, after briefly touching $118,872.85. Ether also saw a boost, climbing nearly 7% to surpass the $3,000 […]

EUR/USD rises as investors consider factors beyond Trump’s tariffs

EUR/USD rises as investors consider factors beyond Trump's tariffs

The euro is benefiting from renewed interest in a trade agreement between the EU and the US. The US dollar is holding steady at a lower level following the recent FOMC meeting. The EUR/USD pair is stuck in a downward channel beneath the 1.1750 resistance line. The EUR/USD pair saw gains on Thursday but pulled […]

Bitcoin investors have invested more than $50 billion in US spot ETFs.

Bitcoin investors have invested more than $50 billion in US spot ETFs.

The US Spot Bitcoin Exchange Trade Fund (ETF) has recently exceeded $50 billion in net inflows, achieving this milestone just 18 months after its introduction in January 2024. BlackRock’s Ishares Bitcoin Trust ETF (IBIT) is at the forefront, leading with a net inflow of $53 billion. Meanwhile, the Fidelity Wise Origin Bitcoin Fund (FBTC) follows […]

Stock futures increase as investors keep an eye on Trump tariff news: Live updates

Stock futures increase as investors keep an eye on Trump tariff news: Live updates

The stock starts on Wednesday Stocks that make the biggest move before the bell: Starbucks, AE, etc. The most active stocks during pre-market trading include: Starbucks – Shares of the coffee giant increased nearly 2% following a report from CNBC indicating that Starbucks China had pulled back on plans for stock sales up to $10 […]

Gold Price Outlook: XAU/USD drops under $3,300 as investors process US tariff concerns

Gold Price Outlook: XAU/USD drops under $3,300 as investors process US tariff concerns

Gold prices dip below $3,300 as investors react to global trade uncertainties. Trump is set to announce new tariffs affecting over seven nations. Investors are eager for the forthcoming release of the FOMC minutes. Gold prices (XAU/USD) are expected to fall beneath the $3,300 support level on Wednesday. The pressure on precious metals is mounting […]

GBP/USD steadies as investors look for clarity on tariffs again

GBP/USD steadies as investors look for clarity on tariffs again

The new tariff cycle under Trump seems to be weighing down GBP/USD’s performance. Trump has postponed the July 9 tariff deadline to August 1, insisting that no further delays will occur. Investors are predominantly anticipating future delays on tariffs. GBP/USD is grappling with challenges as it hovers around 1.3600. The market is responding to the […]