Bitcoin Plunges to $88,522 as Crypto Market Loses Over $1 Trillion
Bitcoin’s in rough shape. On Thursday, it crashed to $88,522—its lowest point in months—and pulled the entire crypto market down with it. In just a few weeks, more than $1 trillion vanished from the market. The total value dropped from more than $4.3 trillion to about $3.2 trillion, deepening a nasty six-week selloff. Bitcoin alone […]
Gold Prices Stuck as Fed Rate Cut Hopes Fade
Gold Prices are going down as it got evident on Friday, where XAU/USD slipped again as traders gave up on the idea of a Fed rate cut in December. All week, the metal’s been stuck in a narrow band—not much momentum either way. The market seems confused, honestly. Thursday’s US jobs report only stirred the […]
Australian Dollar Holds Steady as Manufacturing Picks Up in November
The Australian Dollar stopped its slide on Friday, getting a boost from new PMI (Purchasing Managers Index) numbers that point to a stronger economy. After two days in the red, AUD/USD ticked higher when Australia’s preliminary S&P Global Purchasing Managers Index came out. Manufacturing bounced back, moving up to 51.6 this month from 49.7 — […]