Historic reversal & volatility: After a long rally, gold (XAU/USD) reversed sharply, showing unusually high volatility as traders reassess trend strength.
The Golden Reserve: How Nations Protect Their Most Valuable Assets. #GOLD price retreats sharply: Gold fell the most since October, retreating from a record above $5,500/oz as the metals selloff hit markets. #Binance
Gold tops $5,300 for first time on dollar weakness ahead of Fed decision
Jan 28 (Reuters) - Gold prices climbed above $5,300 per ounce for the first time on Wednesday, driven by economic uncertainty and a weakening U.S. dollar, as investors awaited the Federal Reserve’s policy decision amid increasing concerns over its independence.
Spot gold was up 1.7% at $5,278.28 an ounce by 11:05 a.m. ET (1605 GMT) after touching a record $5,311.31. Prices gained more than 3% in the previous session.
U.S. gold futures for February delivery jumped by 3.8% to $5,275.30 an ounce.
The U.S. dollar index hovered near four-year lows, making greenback-priced bullion cheaper for overseas buyers. [USD/]
$BTC markets are volatile — price pressure and fund outflows contrast with large institutional buying and strategic capital raises, while regulatory delays and technology concerns shape sentiment. 🤓#StrategyBTCPurchase ★$BTC Funds Shed $700 Million as Crypto Outlook Dims #MarketRebound #BinanceSquareTalks
‼️ MARKET CATALYST TODAY: U.S. TARIFF RULING Markets are heading into a high-volatility window as the U.S. Supreme Court delivers its decision on Trump-era tariffs at 10:00 AM ET.
Why this ruling is critical: Defines how much power the U.S. president has over trade policy Could strengthen, restrict, or dismantle existing tariff authority Signals the future direction of U.S. economic and global trade strategy
What markets are watching: Equity & index futures for instant reactions USD, commodities, and bond yields for spillover effects Volatility gauges as uncertainty gets repriced Sectors most exposed: Industrials & exporters Auto and manufacturing Tech supply chains Metals & commodities Possible outcomes: ✅ Tariffs upheld: Trade tensions heat up ⚠️ Tariffs limited: Loopholes and policy adjustments follow ⏳ Decision delayed: Uncertainty pressures risk assets #MarketRebound #StrategyBTCPurchase #BTCVSGOLD
DOGE recently slid ~6.8% to ~$0.18, breaking a key support level and triggering concerns about its near‑term structure.
On the other hand, some analysis points to a long‑term structure that could enable future upside (for example, > $0.22) though “when” is uncertain.
A significant institutional milestone: a DOGE‑backed ETF (symbol: DOJE) has been launched, making $DOGE more accessible via traditional financial vehicles. Short term summary: DOGE is under pressure now, but the entry of ETF access could help longer‑term sentiment. #AltcoinETFsLaunch #SummerOfSolana?
PEPE is down significantly in October (≈30% drop) with over $1.3 billion in market cap lost, but analysts are pointing to accumulation and support zones as possible springboards. #MarketPullback
Some bullish forecasts suggest a major upside potential (30×‑40×) in the next bull‑run, though these are speculative. #TrumpTariffs
The sentiment is mixed: while long‑term upside is discussed, the short‑term environment remains weak and speculative. Short term summary: PEPE remains highly speculative, with risk high but also potential for large upside if meme‑coin sentiment returns.
SHIB is currently in what analysts call an ~11‑month bear market phase.
Key worries: The burn rate has fallen, and whales appear to be exiting, which raises risk of further downside.
On the flip side, SHIB has shown some accumulation behaviour, and the ecosystem (via its layer‑2 “Shibarium” and other tokens) is being flagged as a potential long‑term area of interest.
Short term summary: $SHIB faces weak momentum now, but some analysts believe a rebound may be possible if the ecosystem developments gain traction. #MarketPullback #TrumpBitcoinEmpire
BNB recently underwent a large quarterly token burn of about $1.65 billion, reducing supply by ~1.44 million tokens.
After a strong run, BNB has dropped over 21% in October and is approaching a critical support level around $1,000, which analysts say separates bullish from bearish territory. $BNB On the activity front, the underlying chain (the BNB Chain) saw transactions spike ~135% in October, largely driven by memecoins.
Short term summary: $BNB is consolidating, facing support tests, and its next move depends on whether demand kicks back in or if selling pressure continues.
ETH is down ~5.5% in 24 h, trading below ~$3,800 amid ETF outflows and a technical breakdown.
Developers have locked in the upcoming “Fusaka” upgrade scheduled for December 3. It promises up to ~60% fee cuts for Layer‑2 transactions.
ETH recently flipped BTC in futures activity on the CME Group, signalling strong institutional interest shifting toward Ethereum.
Broader trend: the tokenized and real‑world asset (RWA) market sees ETH as the dominant chain—Standard Chartered estimates ~$2 trillion in RWA by 2028 will be “vast majority” on Ethereum.
Bottom line: While price is facing near‑term pressure, Ethereum’s ecosystem milestones (upgrade, ETF/futures interest, RWA dominance) remain bullish longer‑term. $ETH