Crypto prices dumped and pumped on Wednesday, rebounding after Fed Chair Powell held interest rates steady, which put pressure on the DXY and Treasury yields. - Silver is finding some solid support after being dragged down by gold’s sharp two-week selloff; however, some analysts have said that investors should not rule out potentially lower prices in the near term.With the Bitcoin halving in the rearview mirror, crypto investors are looking for the next major bull market catalyst.
- Gold prices have held critical support above $2,300 an ounce as markets look for the Federal Reserve to signal it will maintain its restrictive monetary status longer than expected. - The gold market is seeing some renewed bullish momentum, trading near session highs as momentum in the U.S. labor market cools, with the number of job openings falling more than expected.Job openings, a measure of labor demand, dropped to 8.
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Stocks and cryptos start Q2 in the red as sticky inflation keeps investors hesitantThe Kitco News Team brings you the latest news, videos, analysis and opinions regarding Precious Metals, Crypto, Mining, World Markets and Global Economy.
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