Gold 2659 safe haven hits Bitcoin, 97000 reignites long positions
On Friday (January 3rd), the US dollar index rose above 109.20, and the initial jobless claims data in the United States was lower than expected, boosting the hawkish pricing of the Federal Reserve this year.
The ongoing trade war between China and the United States has led to China adding 28 American entities to its export control list and proposing further restrictions on the export of batteries and key mineral technologies. The United States is considering implementing new restrictions on Chinese drones.
Gold rebounded to $2659 as safe haven sentiment continued to support the market.
Bitcoin rises to $97000, reigniting long positions, with a strong technical outlook for upward momentum.
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