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Editors’ Picks

Bitcoin sits at new record highs above $122,000

Bitcoin sits at new record highs above $122,000

Bitcoin breaks above the key milestone level on Monday, setting a new all-time high above $122,000, with no signs of slowing. The technical outlook supports further gains as momentum indicators remain robust and price action firmly in price discovery mode, with the next potential target above $130,000.

EUR/USD keeps the red below 1.1700 amid US-EU trade tensions

EUR/USD keeps the red below 1.1700 amid US-EU trade tensions

EUR/USD remains in the red below 1.1700 in the European session on Monday. The Euro underperforms against the US Dollar, in the wake of rising risks of a US-EU trade war, especially after US President Trump threatened 30% tariffs on the EU from August 1. EU says its ready with retaliatory tariffs. 

Gold price flirts with multi-week top as safe-haven buying offsets modest USD strength

Gold price flirts with multi-week top as safe-haven buying offsets modest USD strength

Gold price trades with a positive bias for the fourth straight day and hovers near a three-week high during the European session on Monday. Traders might refrain from placing aggressive directional bets and opt to wait for US inflation figures. Meanwhile, trade war fears continue underpinning the bright metal. 

GBP/USD holds losses below 1.3500; vulnerable near multi-week low

GBP/USD holds losses below 1.3500; vulnerable near multi-week low

GBP/USD enters a bearish consolidation phase in European trading on Monday, holding losses below the 1.3500 mark. Looming trade concerns dent risk sentiment and boost the haven dmeand for the US Dollar at the expense of the higher-yieding Pound Sterling. 

Meme coins to watch as Bitcoin hits record high

Meme coins to watch as Bitcoin hits record high

Meme coins Bonk, Dogwifhat, and Floki are positioned to extend gains as the weekly recovery reaches crucial resistance levels. The meme coins gain bullish momentum on the back of Bitcoin’s (BTC) recovery run, hitting a new all-time high on Thursday. 

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