$XAUT Gold faces a difficult macro backdrop as higher oil prices, Treasury yields and renewed expectations of a September Fed hike weigh on the non-yielding asset.
The upcoming US CPI report is the key catalyst, with a hotter reading potentially extending the decline and a softer print offering gold a chance to recover.
Goldās technical picture has weakened after a second weekly decline and a break below $4,310, with $4,100 and $4,000 coming into focus if that support fails decisively.
Investing.com-- Bitcoin slipped below the $80,000 level on Monday as stronger-than-expected U.S. jobs data revived bets on a Federal Reserve interest-rate hike this month, while elevated oil prices amid escalating U.S.-Iran tensions added to pressure on risk assets.
Bitcoin was trading at $79,724.8 by 01:01 ET (05:01 GMT), down about 0.3% on the day.
Bitcoin had briefly climbed above $82,000 last week, reaching a more than three-month high of about $82,178.6 on Thursday, before retreating after Friday's U.S. employment report.
But some smaller altcoins are starting to grab attention. ā”
One coin on my radar right now is $XAN ā Anoma.
Why am I watching it? š
š Strong recent momentum š„ Rising trading interest š§ Anoma is building around intent-centric blockchain infrastructure š Small-cap coins can move quickly when attention and volume arrive
But here's the important part:
ā Momentum does NOT guarantee a pump ā Don't FOMO into a green candle ā Watch volume + support/resistance ā Always manage your risk
The big question:
Is $XAN just having a short-term move⦠or could this be the beginning of something bigger? š
š Bullish š» Bearish š¬ Tell me your view below!
š Strong ecosystem growth ā” Fast blockchain + expanding DeFi activity š Increasing attention from the crypto community šÆ A strong breakout could make the chart interesting
But remember:
ā No coin is guaranteed to pump ā Donāt buy just because someone says āmoonā ā Watch price action + volume ā Manage your risk
The real question isā¦
Can $SUI become one of the altcoins traders are watching next? š
šØ BTC IS AT A CRITICAL LEVEL š Bitcoin is moving in a zone where one strong move could decide the next direction. š Bullish case: A clean breakout + strong volume could push BTC higher. š Bearish case: If support breaks, we could see a deeper correction. No one knows the next candle for sure. The key is to WATCH the levels, not chase the hype. š§ What do you think comes next? š BULLISH š» BEARISH $BTC #BTC
Nobody knows where Bitcoin will go next. But everyone has an opinion. š So letās test the community: š BTC Bullish? š BTC Bearish? Comment š or š» and tell me your reason. Let's see which side Binance Square is on today. š #BTC
STOP SCROLLING š Everyone is waiting for BTC to āgo upā. But smart money is watching what happens BEFORE the next big move. š§ BTC breaks resistance ā Altcoins wake up. BTC loses support ā Risk management becomes priority. The question is: Are you ready for the next move, or will you chase it after everyone else? š š Comment your BTC target: $100K / $120K / $150K? #BTC #bitcoin #BinanceSquare #cryptotrading
Investing.com -- Bitcoin remained below the $80,000 level on Saturday after retreating from a more than three-month high above $82,000, as stronger-than-expected U.S. employment data revived expectations for a Federal Reserve interest rate hike, although continued inflows into spot Bitcoin exchange-traded funds provided support.