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Bitcoin slipped as strong US PCE inflation, reduced rate-cut expectations, a gold surge and reports of regulatory probes into crypto treasury firms undermined a post-options-expiry rally and stalled …
Tech stocks slipped after Fed Chair Powell signalled caution on future rate moves; Treasury yields fell, gold hit records, and Nvidia, Amazon, Microsoft and Apple eased.
Sterling edged up but remains vulnerable after Friday's fiscal-driven selloff as UK borrowing overshot forecasts; markets await Fed speeches and UK PMI which could drive near-term GBPUSD volatility.
Bitcoin was rejected near $116,000 and slid ~2%; Powell's speech, initial jobless claims and August PCE this week could spark volatility and decide near-term direction.
Bitcoin slid to $114,300 after failing to break $118,000, with $75B leaving crypto markets and a likely retest of $110,000. Traders await Fed Chair Powell and key US data, increasing short-term downs…
Wall Street rebounded as Alphabet jumped on an antitrust ruling and Apple gained; long-dated bond sell-offs pushed yields up, sent gold to record highs and pressured sterling and the yen while invest…
Bitcoin faces short-term downside as OG whale selling, weak spot ETF inflows and heavy futures selling overpower dip buyers, keeping price below $108,000 with bids clustered near $105k–$100k.
Fed's Williams signaled a possible September rate cut, weakening the dollar and lifting the euro and pound amid political pressure on Fed independence and ahead of key PCE and payroll data.
Top brokerages raised S&P 500 targets and published 2025 forecasts for growth, yields and currencies; EUR/USD projections diverge amid Fed rate signals and tariff risks driving market optimism.