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Editors’ Picks
Gold price rebounds to $2,650 as Middle East conflict escalates
Gold price recovers in the mid-North American session on Thursday after hitting a daily low of $2,638. The golden metal rose on rising fears over the Israel–Iran conflict along with a stronger US Dollar. In addition, bets that the Federal Reserve will ease policy aggressively faded and boosted US yields.
XRP suffers 4% decline as SEC appeals ruling in Ripple lawsuit
XRP extended its losing streak on Thursday. The asset slipped to $0.5208 as traders digested the recent developments in the SEC lawsuit. The US financial regulator’s decision to file an appeal on Thursday of the Ripple lawsuit has invited criticism from Ripple executives and XRP holders.
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