Bitcoin price falls below $61k as labor data sparks market-wide selloff

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Gold,Silver,Platinum

The Kitco News Team brings you the latest news, videos, analysis and opinions regarding Precious Metals, Crypto, Mining, World Markets and Global Economy.

Kitco NEWS has a diverse team of journalists reporting on the economy, stock markets, commodities, cryptocurrencies, mining and metals with accuracy and objectivity. Our goal is to help people make informed market decisions through in-depth reporting, daily market roundups, interviews with prominent industry figures, comprehensive coverage of important industry events and analyses of market-affecting developments.), altcoins, stocks, gold, silver, and oil all trending lower.

Choi Wan-ho, head of the management planning team at the Bank of Korea's foreign capital management agency, published an article on the BOK's blog on April 30 in which he explained the reasoning behind the central bank’s reticence to buy gold.Bank of Korea chooses U.S.

– The hidden driver of the white-hot 2024 gold market may be a short-term rebalancing in equity sentiment, according to private Swiss bank Lombard Odier. - Tuesday, April 30—May bitcoin futures prices are lower again in early U.S. trading Tuesday. The bears have downside momentum and are working on a price downtrend on the daily bar chart.

– Contradictory economic indicators are exerting equal and opposing forces on gold prices, while silver gains production in one region only to risk losing it in another, according to precious metals analysts at Heraeus.

 

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