ARK Invest CEO Cathie Wood said she would “make a shift from gold into Bitcoin” after gold’s run left the metal looking extended on a key liquidity-adjusted measure, arguing that bitcoin’s supply dynamics and long-term adoption case still favor the crypto asset despite a sluggish year. Speaking on a Feb. 2 episode of The Rundown…
Gold prices are maintaining strength above the $4,800 support level, reflecting a cautious recovery after a head-and-shoulders breakout. While the pattern suggests a potential shift in trend, market participants are watching closely to confirm whether this move signals sustained upside momentum or remains a corrective bounce. The rebound comes amid a mix of macroeconomic uncertainty,…
Bitcoin slid to a year-to-date low of $74,500 on Monday, a move that wiped roughly 38% off its peak. Markets reacted sharply, and traders felt the pinch as flows out of big funds accelerated. Related Reading Fund Flows And Market Mood According to reports, global crypto exchange-traded products saw heavy withdrawals last week. Big US…
COMEX gold futures fell roughly 20% from recent highs near $5,600 to lows below $4,400, before rebounding toward the mid-$4,700 range. The move has shifted market focus to whether the decline represents a corrective reset or a broader change in price structure. Attention is now centered on the $4,500–$4,600 region, which many analysts identify as…
They say journalists never truly clock out. But for Christian, that's not just a metaphor, it's a lifestyle. By day, he navigates the ever-shifting tides of the cryptocurrency market, wielding words like a seasoned editor and crafting articles that decipher the jargon for the masses. When the PC goes on hibernate mode, however, his pursuits…
Following a near 30% surge from monthly lows to fresh all-time highs, gold reversed sharply, posting its largest single-day loss in decades and dragging the gold spot price below the psychologically important $5,000 level. The abrupt move has shifted market focus away from upside momentum and toward whether gold can stabilize above key technical support…
They say journalists never truly clock out. But for Christian, that's not just a metaphor, it's a lifestyle. By day, he navigates the ever-shifting tides of the cryptocurrency market, wielding words like a seasoned editor and crafting articles that decipher the jargon for the masses. When the PC goes on hibernate mode, however, his pursuits…
Bitcoin was designed to function as digital gold, a decentralised store of value that protects wealth from inflation, currency debasement, and the long-term dominance of the dollar. Currently, the market behaviour is telling a different story as de-dollarisation accelerates and investors seek safety from geopolitical risk and inflation pressures, with gold capturing the bulk of…
While gold has posted major gains, Bitcoin (BTC) continues to show major signs of weakness, with prices drifting toward lower support levels and now approaching the closely watched $82,000 mark, a pivotal point in determining the next major direction for the world’s largest cryptocurrency. Against this backdrop, market analyst Doctor Profit has drawn attention to…
They say journalists never truly clock out. But for Christian, that's not just a metaphor, it's a lifestyle. By day, he navigates the ever-shifting tides of the cryptocurrency market, wielding words like a seasoned editor and crafting articles that decipher the jargon for the masses. When the PC goes on hibernate mode, however, his pursuits…