Bitcoin Price Rejects $70K: Post-Fed Recovery Fails to Materialize
Bitcoin price started a strong increase above $68,500. BTC even tested $70,000, but post-fed there was a major bearish reaction.
Gold consolidates in a narrow range below the $5,200 mark during the Asian session.
Geopolitical risks and trade uncertainties continue to act as a tailwind for the XAU/USD.
Reduced Fed rate cut bets offer support to the USD and cap the non-yielding commodity.
Geopolitical risks and trade uncertainties continue to act as a tailwind for the XAU/USD.
Reduced Fed rate cut bets offer support to the USD and cap the non-yielding commodity.
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