CryptoBearishcrypto.news · 4h ago7/10
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Goldman Sachs lowers gold target, and Bitcoin may feel the pressure
Goldman Sachs reduced its year-end gold price target to $4,900, signaling weakened demand for traditional safe-haven assets as Federal Reserve rate cuts face delays. This shift in institutional sentiment carries implications for Bitcoin and other risk assets, which often move inversely to interest rate expectations and correlate with gold during macroeconomic uncertainty.
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