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Bitcoin rises to $109.7K, but professional traders doubt BTC’s price movements.

Bitcoin rises to $109.7K, but professional traders doubt BTC’s price movements.

Important takeouts: Bitcoin is trading at an all-time high, but derivative data shows traders being cautious and uncommitted. China’s USDT discounts and spot Bitcoin ETF leaks highlight investors’ concerns over global trade tensions. Bitcoin (BTC) exceeded $109,000 on Wednesday after briefly retesting its support level at $105,200 earlier in the day. This surge coincided with […]

Market Update: Dow Rises 400 Points After Senate Approves Trump’s Tax Proposal

Market Update: Dow Rises 400 Points After Senate Approves Trump's Tax Proposal

Market Update: July Start with Mixed Signals On Tuesday, the stock market began July on a downturn, primarily influenced by declines in major tech stocks. In contrast, there was a notable uptick from small businesses, which provided some relief. The Dow Jones industrial average climbed by 400 points, or 0.9%. However, the S&P 500 dipped […]

USD/CAD rises as Powell from the Fed keeps a firm stance.

USD/CAD rises as Powell from the Fed keeps a firm stance.

USD/CAD is increasing as Powell’s comments at the ECB Forum heighten expectations for rate cuts that were previously reduced in September. Federal Reserve Chairman Powell stated: “If the US economy remains solid, we should be cautious and wait.” PMI and JOLTS job data from the US ISM manufacturing sector have exceeded expectations, indicating a resilient […]

Dollar rises after positive data. Powell: Fed pausing. Keeping an eye on data.

Dollar rises after positive data. Powell: Fed pausing. Keeping an eye on data.

Forex trading carries significant risk and may not be appropriate for every investor. The use of leverage adds to this risk, potentially increasing losses. It’s vital to thoroughly assess your investment objectives, experience, and risk tolerance before engaging in Forex trading. You could lose the money you initially invest, so it’s critical not to invest […]

Gold price update for Tuesday, July 1, 2025: Gold rises as tariff deadline nears

Gold price update for Tuesday, July 1, 2025: Gold rises as tariff deadline nears

Gold Futures Update Gold futures began trading on Tuesday at $3,315.70 per ounce, showing a 0.7% increase from Monday’s close of $3,294.40. Interestingly, prices have also seen gains in earlier trading hours, possibly hinting at a reversal of weekly losses. Investors are on the lookout for updates regarding trade agreements and Senate discussions surrounding President […]

Silver rises to $36.50 as markets become more cautious

Silver rises to $36.50 as markets become more cautious

On Tuesday, silver is expected to make an upward move as interest in safe-haven assets grows. Investor confidence has been dampened by new tariff-related concerns. Xag/USD is showing some uncertainty above its crucial support level at $35.40. Silver (XAG/USD) has bounced back from a low of $35.40 on Monday, reaching a daily high of $36.50. […]

Japanese Yen rises to a new multi-week high against a generally weaker USD.

Japanese Yen rises to a new multi-week high against a generally weaker USD.

The Japanese yen is set to strengthen as BOJ’s Tankan survey boosts rate hike expectations. The market sentiment is generally positive, but US trade talks on food tariffs are pressuring the yen. With policy expectations rising in varying BOJs, there may be attempts to recover USD/JPY rates. The Japanese Yen (JPY) shows a positive trend […]