Rania Gule

Bitcoin's (BTC) price hovers around a key resistance level of $60,000 as of Tuesday's trading session. Recent data shows that Bitcoin ETFs recorded net inflows of approximately $13 million over the past week.

Gold (XAU/USD) is attracting some selling pressure in the early hours of Thursday and is trading near the psychological level of $2,500, as the US

Following Jerome Powell's important speech at the Jackson Hole Symposium, Bitcoin's price experienced a notable recovery, approaching $63,960 at the start of trading on Monday.

At the close of the Tokyo Stock Exchange yesterday, the Nikkei 225 Index (JP225) rose by 0.72%, starting today's Wednesday trading at 38,254.50.

The EUR/USD pair has recovered some of its losses, trading around 1.10764 this Friday.

Gold prices (XAU/USD) continue to decline near the psychological level of $2500 on Monday.

As September begins, Bitcoin is trading today, Tuesday, at $59,164. Historically, this month has been challenging for the cryptocurrency market, raising questions about Bitcoin's (BTC) future under the current conditions.

September 3, 2024 (Investorideas.com Newswire) As September begins, Bitcoin is trading today, Tuesday, at $59,164. Historically, this month has been challenging for the cryptocurrency market, raising questions about Bitcoin's (BTC) future under the current conditions. Bitcoin has recently seen significant gains, supported by increased institutional demand and the approval of Bitcoin exchange-traded funds (ETFs). However, history shows substantial challenges for the cryptocurrency in this so-called "red month" in the digital market.

"I believe that the narrowing of the yield spreads between U.S. Treasury yields and Japanese government bond yields is likely to reinforce the bearish trend for the USD/JPY pair."

The USD/JPY pair experienced a sharp decline yesterday, starting today, Thursday, at 143.87, after falling below 144.00 for the first time since last week, reaching 143.77 with a loss exceeding 1%.