U.S. dollar weakness
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Bitcoin hits new all-time record high
Yahoo Finance· 2025-10-06 15:03
Core Insights - Bitcoin is experiencing strong demand from investors, hovering near its record high, with significant contributions from institutional investors and favorable policies from the U.S. administration [1][2] - The cryptocurrency has surpassed $125,000 for the first time, marking a gain of over 33% this year, with a recent increase of 1.88% [2] - The rise of Bitcoin is correlated with the weakening of the U.S. dollar, which has declined nearly 10% this year, prompting investors to diversify away from U.S. assets [3] Price Movements - Bitcoin reached a peak of $125,653.32 and is currently trading at $125,081.85, indicating a positive trend with two consecutive sessions of gains [2] - Since breaking below $110,000 just over a week ago, Bitcoin has surged approximately 13% [3] Market Analysis - The daily MACD indicator shows a sharp upward trend, suggesting increased momentum for Bitcoin, although a consolidation phase may be necessary before further gains [4]
Gold Soars Past $3,700 Ahead of Fed Decision
Barrons· 2025-09-16 16:21
Core Viewpoint - Gold prices have reached a record high of over $3,700 per troy ounce, driven by a weaker U.S. dollar and expectations of interest rate cuts by the Federal Reserve [1]. Group 1: Gold Market Dynamics - Gold prices surged to $3,722 an ounce, with an intraday high of $3,739.90, reflecting strong market sentiment [1]. - The potential for the Federal Reserve to cut interest rates is a significant factor influencing gold prices, as lower rates typically boost gold's appeal as a non-yielding asset [1]. Group 2: Market Expectations - There is a possibility of near-term selling pressure on gold if the Federal Reserve's guidance does not meet market expectations for dovishness [2]. - Confirmation of multiple interest rate cuts by the Federal Reserve could further strengthen gold's rally, potentially leading to new record highs [2].