Bitcoin whales accumulate as price coils near $70k – pre-halving breakout or breakdown?

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The Kitco News Team brings you the latest news, videos, analysis and opinions regarding Precious Metals, Crypto, Mining, World Markets and Global Economy.

Kitco NEWS has a diverse team of journalists reporting on the economy, stock markets, commodities, cryptocurrencies, mining and metals with accuracy and objectivity. Our goal is to help people make informed market decisions through in-depth reporting, daily market roundups, interviews with prominent industry figures, comprehensive coverage of important industry events and analyses of market-affecting developments.

-The gold market is holding solid gains above $2,400, trading near session highs as consumer sentiment falls sharply and inflation expectations rise in April.Friday, the University of Michigan said its preliminary consumer sentiment index fell to 77.9, down from March’s upwardly revised reading of 79.4. The data significantly missed expectations as economists looked for sentiment to remain relatively stable at 79.

 

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