The world's largest cryptocurrency gained after the U.S. nonfarm payrolls report for June came in significantly below expectations, leading investors to scale back bets on further monetary tightening by the Federal Reserve.
Bitcoin is facing a critical test at the $63,300 resistance level as technical indicators suggest the recent bullish run may be losing steam, putting investors on alert for a potential reversal.
Multi-asset broker Vantage Markets has introduced a new over-the-counter CFD product, XAUUSD247, enabling eligible clients to trade gold around the clock, including on weekends.
The British pound traded flat against a resilient U.S. dollar on Monday, as currency markets looked past soft U.S. jobs data and focused on the potential for a hawkish tone from the Federal Reserve's upcoming meeting minutes.
The British pound was little changed against the U.S. dollar on Monday, as currency markets looked past soft U.S. jobs data and focused on the Federal Reserve's anticipated hawkish stance.
Bitcoin is trading in a tight range below the critical $64,700 resistance level, as conflicting technical signals create market indecision. Analysts are watching for a high-volume breakout or breakdown to signal the next major price direction.
A Morgan Stanley analysis finds a growing number of U.S. companies are reporting quantifiable financial and productivity benefits from AI, moving beyond promises to demonstrate tangible returns on investment.
The move is a significant foreign exchange reform aimed at improving market accessibility for overseas investors and supporting the country's bid for inclusion in developed-market equity indexes.
Bitcoin maintained its position above the $64,000 level as market participants assessed new U.S. legislative developments, including a de facto ban on a central bank digital currency and a key federal approval for stablecoin issuer Circle.
