Societe Generale Bank pointed out that gold is gradually returning to this traditional relationship, and short-term weakness in this range presents buying opportunities for bargains, while the long-term outlook remains generally optimistic. However, it is necessary to be vigilant against this major downside risk.
According to Bloomberg, a report by Bank of America on Friday noted that cash became the biggest darling of money last week, while cryptocurrency funds also attracted a large inflow. Money market funds absorbed $136.40 billion in the week ending December 4, the largest weekly inflow since the banking turmoil in March 2023. Notably, cryptocurrency funds received $3 billion in inflows, with four weeks of inflows...
Strategists point out that in addition to long-term holders starting to sell, there are more fundamental reasons that are preventing Bitcoin from hitting the 100,000 dollar mark.
The G20 statement pointed out that the prospects for a soft landing in the global economy are promising.
Bernstein analysis pointed out that despite the recent support for the crypto industry expressed by US Vice President Kamala Harris at a fundraising event, the market is still confused by his policy uncertainty. In contrast, the crypto market sentiment after Trump's victory may be stronger, because he has explicitly promised to make the United States a "crypto capital" and supports DeFi, asset tokenization and bitcoin mining. However, regardless of the election outcome, the current ETF inflows o...
UBS analysts have pointed out that the fundamentals of silver are very good, and they strongly recommend that long-term investors consider increasing their exposure to silver.