Gold prices fell after a hawkish FOMC statement sent yields higher into the weekend, hurting the non-interest-bearing asset. PCE figures are in focus for gold traders this week.

The update to the US Consumer Price Index (CPI) is likely to sway the US Dollar during the Federal Reserve’s blackout period as the central bank braces for a transitory rise in inflation.

Bitcoin (BTC) started the day on the front foot on the Twitter news before the latest China crypto ban hammered the market lower.

Bitcoin (BTC) started the day on the front foot on the Twitter news before the latest China crypto ban hammered the market lower.

China Crackdown on Cryptocurrencies. Declares Crypto Activities Illegal. Bitcoin & Etherum Slide