Bloomberg Strategist Warns of 2008-Style Market Unwind, Sees Bitcoin Plunging to $10,000
A hawkish Fed nominee and geopolitical tensions trigger a broad market sell-off, with one analyst forecasting an 87% collapse in Bitcoin from current levels.
A hawkish Fed nominee and geopolitical tensions trigger a broad market sell-off, with one analyst forecasting an 87% collapse in Bitcoin from current levels.
The cryptocurrency market extended its losses on Monday, with the global market cap falling 2.9% to $2.65 trillion. Major assets like Bitcoin and Ethereum led the decline, while significant outflows from U.S. spot ETFs and shifting macroeconomic expectations fueled a wave of 'extreme fear' among investors.
Gold prices tumbled from a record $5,600 to $4,770 per ounce, while silver plummeted 31% in a single day—the steepest decline since 1980. Analysts point to shifting U.S. monetary policy expectations and eased geopolitical anxieties as key drivers behind the sudden sell-off.
President Trump's apparent endorsement of a weaker dollar is not mere rhetoric but a strategic pillar of his economic agenda, aimed at boosting US competitiveness and narrowing the trade deficit, with significant implications for global central banks and currency markets.
Silver prices have erased most of their historic 2025-2026 gains in a dramatic reversal, highlighting the profound and volatile impact of Chinese retail speculation on global commodity markets.
Precious metals continue their sharp retreat from January's record highs, with silver leading the decline as market sentiment shifts following key U.S. policy signals.
As political pressure on the Federal Reserve intensifies, the legacy of Marriner Eccles—the Utah banker who architected its modern independence—offers a crucial lesson. A BYU expert explains why shielding monetary policy from politics remains vital for economic stability.
Asian markets opened cautiously Monday as a historic metals sell-off reverberated across asset classes. Bitcoin slipped toward $75,000, while regional equities mostly fell. Investors brace for a critical week packed with corporate earnings, central bank decisions, and key economic data.
Global markets stumbled on Monday, with Asian shares and U.S. futures declining sharply. The sell-off was led by a significant pullback in South Korean tech stocks amid renewed concerns over an AI sector bubble, while oil prices dropped over $2 per barrel.
Global markets opened the week under pressure, with Asian shares and U.S. futures declining amid renewed concerns over an AI sector bubble and falling commodity prices. South Korea's Kospi led losses with a sharp 4.6% drop.
Precious metals markets experienced one of their most volatile weeks on record, with silver plummeting 26% and gold dropping 9% in a dramatic reversal. The sell-off, triggered by shifting U.S. policy expectations, laid bare the market's recent dependence on speculative flows from China, raising questions about stability ahead of the Lunar New Year.
Oil prices plunged and precious metals extended their historic sell-off as easing US-Iran tensions and President Trump's hawkish nominee for Federal Reserve Chair triggered a dramatic dollar rally, sending shockwaves through global markets.
Precious metals extended losses in Asian trading Monday, following a sharp sell-off triggered by speculation over a more hawkish Federal Reserve leadership. Despite the pullback, both gold and silver remain significantly higher for the year, supported by enduring central bank demand and geopolitical uncertainty.
In an exclusive 'Face the Nation' interview, Nobel laureate María Corina Machado discusses Venezuela's future after U.S. intervention, while domestic debates over ICE tactics and a partial government shutdown highlight deepening political divisions.
Newly released court files detail Epstein's involvement with key Bitcoin figures, investment discussions, and his role in funding pivotal infrastructure projects during the industry's nascency.
Gold and silver extended their historic sell-off on Monday, with spot prices tumbling as much as 4% in early trading. The dramatic reversal follows a record-breaking rally that had lifted precious metals to unprecedented heights, stunning veteran traders and analysts alike.
A dramatic sell-off in precious metals, led by a record-breaking drop in silver, rattled financial markets on January 30, 2026, as a surging U.S. dollar and shifting expectations for Federal Reserve policy triggered a broad retreat from risk assets.
Gold prices soared to a historic peak above $5,500 an ounce this week, fueled by Fed policy signals, only to plunge dramatically as a resurgent U.S. Dollar and profit-taking sparked a broad retreat. The volatile swing sets a tense stage for the metal as markets await key economic data.
SoFi CEO Anthony Noto calls the Powell Fed era a mixed bag, praising the ultimate economic stability despite policy stumbles. As the baton passes to a new Treasury Secretary, investors weigh SoFi's record growth against a cautious 2026 outlook.
Gold and silver futures suffered a dramatic reversal Friday, erasing significant gains from a massive rally. The sharp decline coincided with broader market jitters and a key Federal Reserve nomination.