Categories: Bitcoin

Gold Slips as US-China Trade War Thaws; Bitcoin Holds Steady



On May 12, gold prices fell by over $100 (approximately 3%), dropping from $3,323 to just under $3,215 per ounce, while bitcoin remained stable, trading above $104,000. Trade War De-Escalation Bane for Safe Haven Asset Gold dropped marginally in the opening trading hours of May 12, while bitcoin reacted positively to reports that the U.S. […]



Source link

Joseph Rees

Leave a Comment
Share
Published by
Joseph Rees
1 day ago

Recent Posts

VPN company cancels ‘lifetime’ plans for customers who already paid for the service

Sometimes when a new app or Software as a Service (SaaS) launches, the company behind…

3 minutes ago

DeFi Development Corp. Acquires $23.6 Million in Solana, Expanding Total Holdings to 595,988 SOL

DeFi Development Corp. (Nasdaq: DFDV) announced the acquisition of 172,670 solana ( SOL) tokens at…

4 minutes ago

Foreign Capital Flood: Want a Seat at TRUMP Meme Coin Dinner? It’ll Cost You a Cool $5M

The TRUMP crypto dinner contest has closed, and the final leaderboard is out. Top holders…

5 minutes ago

Google’s Advanced Protection for Vulnerable Users Comes to Android

With the rise of mercenary spyware and other targeted threats, tech giants like Apple, Google,…

1 hour ago

USDT on Tron Hits $73.8B, Surpassing Ethereum for the First Time Ever

The Tron network has overtaken Ethereum in Tether (USDT) stablecoin supply for the first time…

2 hours ago

Elon Musk’s The Boring Company might be in line for an Amtrak contract

Federal railroad regulators are in talks with Elon Musk’s tunneling firm, The Boring Company (TBC),…

3 hours ago