Market Snapshot
Bitcoin (BTC) — 78900.48 (+0.39%) [Binance US] · Ethereum (ETH) — 2477.16 (+1.23%) [Binance US] · Solana (SOL) — 103.98 (+0.65%) [Binance US] · XRP — 1.3884 (+1.07%) [Binance US] · BNB — 693.06 (+0.69%) [Binance US]
Gold & Commodities
Gold fell to a near two-week low as Federal Reserve Chair Kevin Warsh's hawkish stance on inflation pressured non-yielding assets, according to Reuters. Warsh cited the Fed's preferred inflation gauge at 3.7%—well above the 2% target—raising concerns about prolonged tight monetary policy.
Fed funds futures priced a September rate hike at 58%, down from earlier market expectations near 90%, according to CoinDesk. The recalibration suggests traders view a hike as possible but far from certain, tempering some of the immediate pressure on gold. Still, the yellow metal's retreat underscores its sensitivity to real-rate expectations in a regime where central-bank rhetoric remains the primary driver.
