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Gold slips below 200-day moving average offering glimmer of hope for bitcoin bulls
Gold falls into bear market territory, while a stronger U.S. dollar and rising rate expectations pressure risk assets.
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coindesk.com
Gold slips below 200-day moving average offering glimmer of hope for bitcoin bulls
Gold falls into bear market territory, while a stronger U.S. dollar and rising rate expectations pressure risk assets.
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cryptobriefing.com
Gold enters bear market for first time since 2022 as prices crater from January highs
Gold officially entered a bear market on June 9, dropping over 20% from its January all-time high near $5,600 amid rising yields and a strong US dollar.
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Gold rebounds from six-month low as rate-hike fears limit gains
Gold bounced from a six-month low near $4,023 per ounce but gains remain capped as markets price in over 70% odds of a Fed rate hike by December 2026.