Business & Markets

Bitcoin Slides Back Toward 65000 as Tech Rout and Metals Selloff Weigh on Risk Assets

Bitcoin retreated toward last week’s lows, giving up much of its recent rebound as renewed weakness in technology stocks and a sharp selloff in precious metals pressured global risk markets. The cryptocurrency was trading near the 65000 dollar level after briefly climbing above 70000 dollars earlier in the week, underscoring the fragile tone across digital […]

Business & Markets

Precious Metals Slide as Bitcoin Holds Near $83,000

Precious metals suffered a sharp selloff on Friday, with silver plunging more than 30 percent and gold falling over 10 percent from recent record highs, while bitcoin showed relative stability near the $83,000 level. Silver, which had surged to nearly $120 per ounce earlier in the session, reversed violently to around $75, erasing most of […]

Business & Markets News

Gold Nears Record High as Geopolitical Tensions and Rate Cut Bets Drive Demand

Gold prices moved closer to record territory as investors increased exposure to safe haven assets amid heightened geopolitical risks and growing expectations for U.S. interest rate cuts. Prices extended gains following renewed global uncertainty linked to developments in Venezuela, reinforcing gold’s role as a hedge during periods of political and market stress. The rally has […]

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