Jackson Hole Symposium

Two of the largest public bitcoin treasury firms are carrying combined unrealized losses of nearly $10 billion, underscoring the risks of concentrating corporate balance sheets in one token. Bitcoin remains rangebound between $62,000 and $66,000 as traders weigh fading bearish momentum against macro catalysts.

USD/ZAR has moved modestly higher after Friday’s sharp dollar-led decline, with traders watching whether the pair can hold its lower trading zone. Thin South African holiday volume, Middle East uncertainty and Wednesday’s US inflation data are keeping market participants cautious.

Bitcoin is entering August with traders focused on whether the market can defend the $60,000 area after repeated failures to hold gains above $65,000. Historical midterm-year weakness, a possible bear-pennant breakdown and looming US macro catalysts could increase downside pressure if support gives way.

Bitcoin is entering August with traders focused on whether the $60,000 area can hold after repeated failures to sustain momentum above $65,000. Weak historical seasonality, a possible bear-pennant breakdown and US macro risks are keeping downside targets in focus.

Gold prices (XAU/USD) trend higher despite choppy trading, with $3,500 as key resistance. A breakout could target $3,800, while dips toward $3,200 remain buying opportunities.

Gold holds steady as traders await the Jackson Hole Symposium and Fed rate cuts. Key levels: $3,300 support, $3,500 resistance, with $3,800 in sight.