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Bitcoin Retreats from Record Highs Amid Cooling Optimism Over Trump Presidency and Rate Uncertainty

Bitcoin

Bitcoin pulled back from near record highs on Friday as enthusiasm over a Donald Trump presidency waned, while overall market sentiment weakened due to rising uncertainty about U.S. interest rates. The world’s largest cryptocurrency, which had recently climbed to unprecedented levels above $90,000 on speculation of favorable U.S. regulatory shifts …

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Gold Steadies but Set for Its Worst Weekly Loss in Over Three Years Amid Inflation and Fed Concerns

Gold prices held steady during Asian trading on Friday but faced their worst weekly performance in more than three years. This decline comes as stronger-than-expected U.S. inflation figures and less dovish signals from the Federal Reserve have raised doubts about future interest rate cuts. The precious metal has also suffered …

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