The Last Time This Metric Was This Low, Bitcoin Bottomed at $3,200

The past two months have been a confusing time for Bitcoin investors. The cryptocurrency has traded between a rock and a hard place, barely deviating from the range lows of $8,500 and the highs of…

Price Analysis 7/1: BTC, ETH, XRP, BCH, BSV, LTC, BNB, ADA, CRO, EOS

Bitcoin (BTC), gold, crude oil, and the US equity markets all rose sharply throughout the second quarter of this year. This shows that investors’ appetites remain strong as they are confident that central banks will…

Oil Stockpiles Fall More Than Expected, Down 7.2M Barrels: EIA

Crude oil stockpiles fell by more than expected, according to the Energy Information Administration. Inventory fell 7.2 million barrels for the week ending June 27 compared to a build of 1.4 million barrels the previous week.…

Gold settles with a loss to start July after the notching the highest finish since 2011

Gold futures settled with a loss on Wednesday after topping $1,800 and marking the highest finish since in nearly nine years a day earlier, as uncertainty about the economic recovery from the coronavirus pandemic underpinned…

Euro Is Riding a Wave of Confidence on Europe Pandemic Response

The euro’s best rally in more than two years looks set to extend, with a host of market metrics reflecting growing confidence in Europe’s pandemic response. The currency completed its biggest two-month advance against the…

Sterling Under Pressure as GDP Weakens

Sterling was under pressure in early European trade Tuesday, with the release of the final gross domestic production figure suggesting that the contraction in the first quarter was deeper than originally estimated. The U.K.’s GDP…