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The cryptocurrency market remains in focus as Bitcoin stabilizes after recent volatility, gold reenters the spotlight through a high-profile debate, and altcoins like Cardano continue to measure themselves against Ethereum’s dominance.
Oil markets saw a pause on Thursday after reaching their strongest levels in nearly two months. Both Brent and West Texas Intermediate (WTI) futures slipped slightl
Gold prices bounced back on Friday, recovering after two consecutive bearish sessions. The yellow metal rose around 0.65%, trading near $3,670 during the North American session. Buyers stepped in around weekly lows of $3,630, pushing the metal higher despite broad U.S. dollar strength.
The Federal Reserve delivered its first rate cut of the year on Wednesday, lowering its benchmark rate by 25 basis points to a range of 4.00% to 4.25%. The decision, widely expected by markets, came as officials projected two more cuts before year-end.
Bitcoin has been showing signs of strength after bouncing from its late-August lows near $107,270. The daily chart highlights a pattern of higher highs and higher lows, with the price pushing into resistance between $116,000 and $116,500.
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