Bitcoin Plunges 30%, Bull Market Ahead?
The past August has been a challenging month for the cryptocurrency market, as the price of Bitcoin (BTC) experienced a 30% correction, falling from $70,000 to a low near $49,000.However, according to...
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Fed Cuts Rates by 50 Basis Points for First Time in Over 4 Years
The Federal Open Market Committee (FOMC) of the Federal Reserve announced a 50 basis point cut in the federal funds rate to 4.75% to 5.00%, exceeding market expectations and marking the first rate cut...
Global Oil and Gold Prices Rise
In this market filled with uncertainty, the recent rise in international oil and gold prices has attracted widespread attention.On Monday local time, the U.S. stock market experienced significant fluc...
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GEM Index Down Over 1%, Hits New Low Again!
Today's market once again felt heavy, with the Shanghai Composite Index falling by 0.6% to close at 2,850.65 points; the Shenzhen Component Index saw a larger drop of 1.17%, closing at 8,311 points; t...
More Sell Gold Jewelry as Prices Rise, But It's Not Good
Despite the U.S. economy continuing to exceed economists' expectations, the average consumer still faces ongoing challenges.Tobina Kahn, Chairwoman of Kahn Estate Jewelers, stated that as the trading ...
New Data: Record Gold Bullish Bets, Analysts Warn of Pullback Risk
According to trading data from the Commodity Futures Trading Commission (CFTC), hedge funds are increasingly focusing on gold and silver, with speculative positions reaching a significant milestone la...