Gold achieved a new peak of 3,508 USD, and Bitcoin surpassed 110,000 USD, fueled by nearly 90% market speculation about a rate cut by the Federal Reserve in September. The overall crypto market capitalization has grown to 3.9 trillion USD.
Analyst MacroScope indicates that while Bitcoin may experience a temporary dip, the bullish sentiment surrounding gold suggests potential further gains for Bitcoin. The upcoming US economic data releases are anticipated to influence market expectations.
Leave a Reply