gold

According to reports, the market showed that the US dollar index DXY fell 104, hitting a new low since February 4th.
The US dollar index DXY fell 104, hitting a new low since Febru

According to reports, data tracked by ByteTree Asset Management shows that the number of tokens held by closed-end funds and exchange traded funds (ETFs) focused on spot and futures in Europe, the United States, and Canada decreased by 16560 BTC ($409 million) this month, reaching a 17-month low of 826113 BTC. The decline in fund balances indicates a lack of institutional participation in Bitcoin’s recent rise. The Chief Investment Officer of ByteTree Asset Management said that the global wealth management industry is very light in terms of Bitcoin and gold. Data: Bitcoin held by the fund has fallen to its lowest level since October 2021 Analysis based on this information:According to recent data released by ByteTree Asset Management, the number of tokens held by closed-end funds and ETFs focused on spot and futures in Europe, the United States, and Canada decreased by 16560 BTC ($409 million) this month, reaching a 17-month low of 826113 BTC. The decline in fund balances…

According to reports, Michael Novogratz, founder and CEO of Galaxy Digital, said that the United States is facing a credit crunch, and now is the best time to buy gold, silver, and Bitcoin. “In an interview with CNBC, he explained, ‘The United States and the world will face a credit crunch. You should invest in gold and silver… and Bitcoin.’” Founder of Galaxy Digital: Now is the best time to buy gold, silver, and bitcoin Analysis based on this information:Founder and CEO of Galaxy Digital, Michael Novogratz, has advised investors to consider buying gold, silver and Bitcoin, given the looming credit crunch currently being faced by the United States and the world at large. In an interview with CNBC, he stated, “The United States and the world will face a credit crunch. You should invest in gold and silver… and Bitcoin.” A credit crunch can be defined as a sudden reduction in the availability of credit or a sharp increase…

It is reported that the Bank of Silicon Valley event weakened the expectations of the Federal Reserve to raise interest rates, and the December contract of the United States federal funds futures jumped 20 basis points to 95.26. The US dollar index fell 30 points in the short term to 104.03, and the decline of the US dollar against the yen USD/JPY widened to 1%. Spot gold continued to rise, hitting $1890/ounce upwards, rising 1.25% in the day. Nasdaq futures rose to 1%. BTC once exceeded US $22000. The Bank Event in Silicon Valley Weakens the Fed’s Interest Rate Increase Expectation Analysis based on this information:The Bank of Silicon Valley event has had an effect on the expectations of the Federal Reserve to raise interest rates. As per reports, the December contract of the United States federal funds futures raised by 20 basis points to 95.26, indicating that the event has weakened the expectations of a rise in interest rates….

On February 24, Robert Kiyosaki, author of \”Rich Dad and Poor Dad\”, said that he believed that the value of Bitcoin and precious metal gold and silver was sust…