The Kitco News Team brings you the latest news, videos, analysis and opinions regarding Precious Metals, Crypto, Mining, World Markets and Global Economy.
Kitco NEWS has a diverse team of journalists reporting on the economy, stock markets, commodities, cryptocurrencies, mining and metals with accuracy and objectivity. Our goal is to help people make informed market decisions through in-depth reporting, daily market roundups, interviews with prominent industry figures, comprehensive coverage of important industry events and analyses of market-affecting developments.
Edwards also warned that history shows Bitcoin could still fall lower before eventually resuming its uptrend. “As investors shine the spotlight on the recent sell-off in Bitcoin, following its latest all-time high, many are undoubtedly pondering their next move,” Morch said in a note to Kitco Crypto. “Amidst this uncertainty, we need to acknowledge the volatility surrounding the upcoming Bitcoin halving event.”
“With more Bitcoin retracements potentially looming and historical patterns indicating potential turbulence, we advise investors to tread carefully while exploring opportunities amid the uncharted territory of the 2024 halving,” he concluded. What if two consecutive months of higher-than-expected inflation prints push the Fed to pull back from its implied easing bias, and instead set the central bank’s monetary policy on more neutral footing?Gold’s year-ahead returns projected at 8.46%, Fed cuts are ‘icing on the cake’ – QuantStreet Capital’s Mamaysky
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