Gold vs. Bitcoin: Metals Are Melting, Tom Lee Predicts an AI Rebound

Share

Thursday’s sell-off wiped out an estimated $1 trillion in precious-metals value, with silver falling 5.8% and gold dropping 2.8%. Platinum, palladium and copper also declined, reinforcing inflation concerns and potentially limiting the Federal Reserve’s ability to cut interest rates. Tom Lee believes the technology sell-off is nearing its end and says lower bond yields and a more dovish Fed could support a rebound in technology stocks and Bitcoin. As of October 22, Bitcoin had lost 2.3% over the month, compared with 5.5% for gold, but had gained 7.8% over six months while gold fell 13.2%. The article also highlights Bitcoin Hyper, a Layer 2 project that has raised $33.2 million, with its token launch and presale deadline set for November 26, 2026, staking rewards of 35% and a token price of $0.0137.

Source: Read the original article

Disclaimer: this content is for information purposes only and is not financial advice. Cryptocurrencies are highly volatile: you may lose all of your capital. Always do your own research. Legal notice
Telemac
Telemachttp://cryptoinfo.ch
Passionné de nouvelles technologies, j’explore l’univers de la blockchain et des cryptomonnaies pour partager l’actualité et les innovations du secteur.

Read More

Items