#LastWeekUpdate
₿ Crypto Update
Bitcoin opened the week around $63,242 and climbed to ~$65,218 by Monday morning. (Yahoo Finance) Crypto has been under pressure following last week's hawkish Fed decision, where rates were held but signals of future hikes sent BTC and ETH sliding. (Yahoo Finance) Mid-week saw a brief bounce, with BTC touching $66,433 and ETH near $1,791, boosted by optimism over US–Iran peace progress. (Yahoo Finance) Overall, the crypto market remains bearish in the short term with rate hike fears dominating sentiment.
#Bitcoin #BTC #Ethereum #ETH #Crypto #CryptoMarket #BearMarket 📉
🥇 Gold Update
Gold staged a measured recovery Monday, trading around $4,197/oz, rebounding from a one-week low of $4,150 hit after the Fed's hawkish June meeting. (USAGOLD) The recovery was driven by progress in US–Iran diplomatic talks in Switzerland, which eased energy-inflation fears. (USAGOLD) Gold had been as high as ~$4,351 earlier in the month before the Fed selloff.
#Gold #GoldPrice #PreciousMetals #XAUUSD #SafeHaven 🏅
🥈 Silver Update
Silver fell below $65/oz on Friday (June 20), its lowest since June 11, heading for a weekly loss of around 4.5% as a stronger dollar and rising rate expectations weighed on the metal. (TRADING ECONOMICS) It bounced back sharply Monday to around $66.82–$67.34/oz, helped by falling oil prices and US–Iran peace roadmap news. (JM Bullion)
#Silver #SilverPrice #XAGUSD #PreciousMetals #SilverMarket 📊
🛢️ Oil Update
Brent crude started the week at $81.55/barrel on June 16. (Fortune) By June 22 it had dropped to $79.25, falling further as US–Iran peace talks progressed. (Fortune) Washington granted Iran a 60-day license to sell oil internationally, boosting expectations of faster supply recovery and pushing prices to their lowest in nearly three months. (TRADING ECONOMICS)
#CrudeOil #OilPrice #Brent #WTI #EnergyMarket #OPEC ⛽