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18 May 2026, 22:00
Gold steadies below $4,550 as hawkish Fed bets limit recovery from multi-month lows

BitcoinWorld Gold steadies below $4,550 as hawkish Fed bets limit recovery from multi-month lows Gold prices stabilized on Wednesday, trading just below the $4,550 mark, as renewed expectations of a hawkish stance from the Federal Reserve capped any meaningful intraday recovery from the multi-month lows touched earlier this week. The precious metal found some support from bargain buying and a slight pullback in the US dollar, but gains remained limited as traders recalibrated their rate cut expectations. Hawkish Fed bets weigh on gold The primary headwind for gold continues to be the shifting outlook for US monetary policy. Recent economic data, including stronger-than-expected employment figures and sticky inflation readings, have prompted several Fed officials to push back against the prospect of imminent rate cuts. Markets are now pricing in a higher probability of rates staying elevated for longer, which reduces the opportunity cost of holding non-yielding assets like gold. Federal Reserve Chair Jerome Powell, in a speech earlier this week, reiterated the central bank’s data-dependent approach, noting that the fight against inflation is not yet won. His comments reinforced the view that the first rate cut may not come until later in the year, if at all. This hawkish repricing has lifted real yields and the US dollar, both of which typically weigh on gold prices. Technical picture: Support and resistance levels From a technical perspective, gold’s failure to sustain a bounce above the $4,550 level suggests that selling pressure remains intact. The metal had dipped to a multi-month low near $4,480 earlier in the week, a level that now serves as immediate support. A decisive break below that could open the door for a test of the $4,400 region, a psychological level that has held in previous pullbacks. On the upside, resistance is seen at $4,580, followed by the $4,600 mark. A sustained move above $4,600 would be needed to suggest that the corrective phase is over and that bulls are regaining control. However, given the current fundamental backdrop, such a move appears unlikely without a significant shift in Fed rhetoric or a deterioration in risk sentiment. What this means for investors For investors holding gold as a portfolio hedge, the current environment presents a test of patience. The metal remains supported by strong central bank buying and geopolitical uncertainty, but these factors are being overshadowed by the hawkish Fed narrative in the near term. Traders should watch for any change in the tone of Fed communications or incoming economic data that could alter the rate path. The key takeaway is that gold is in a corrective phase within a broader uptrend. While the short-term outlook is cautious, the long-term case for gold—driven by de-dollarization trends, fiscal concerns, and central bank accumulation—remains intact. Investors may view dips as accumulation opportunities, provided they have a medium- to long-term horizon. Conclusion Gold’s inability to reclaim the $4,550 level highlights the dominance of hawkish Fed expectations in driving near-term price action. Until there is a clear shift in the monetary policy outlook, the metal is likely to remain under pressure, with downside risks toward the $4,400 support zone. However, the broader fundamental backdrop continues to offer support, and a decisive break above $4,600 would signal a resumption of the uptrend. FAQs Q1: Why is gold struggling to recover despite the pullback? Gold is facing headwinds from hawkish Federal Reserve expectations, which have boosted the US dollar and real yields. Until the outlook for rate cuts improves, the metal is likely to remain capped. Q2: What is the next key support level for gold? The immediate support is near the multi-month low around $4,480. A break below that could lead to a test of the $4,400 psychological level. Q3: Should investors buy gold at current levels? For long-term investors, current levels may offer a buying opportunity given the strong fundamental case for gold. However, short-term traders should be cautious as the metal could face further downside if the Fed remains hawkish. This post Gold steadies below $4,550 as hawkish Fed bets limit recovery from multi-month lows first appeared on BitcoinWorld .
18 May 2026, 21:48
Tom Lee Links Ethereum Weakness to Rising Oil Prices

According to Bitmine Chairman Tom Lee, rising oil prices are the biggest reason Ethereum (ETH) has been struggling, and he says the inverse correlation between the two assets has hit the highest level ever recorded. His observation has come at a time when ETH is trading near $2,100, down roughly 3% in 24 hours and 12% over the past month. The Oil Connection Lee laid out his thinking in a post on X on May 18, saying that as oil prices climbed over the past six weeks, ETH fell in step. “Rising oil prices is the biggest headwind,” he wrote, noting that the ETH-oil inverse correlation was at its “highest ever.” According to him, the implication is straightforward. Should oil reverse lower, ETH is likely to recover. However, Lee was careful to frame this as short-term noise rather than a structural problem. The longer-term case, in his view, still rests on two things: tokenization of real-world assets and agentic AI. “These structural drivers are in place,” he wrote. “Thus, we expect ETH prices to be stronger as we move through 2026.” The timing of his comments matters. ETH has been grinding lower for weeks, and the drop accelerated on May 18 after fresh geopolitical pressure came from US President Donald Trump, who warned Iran that its “clock is ticking” in a Truth Social post. BTC slid to around $76,700 in response, its lowest level since early May, while over $660 million in leveraged positions were liquidated across the market, with ETH accounting for $256 million of that wipeout, according to data from CoinGlass. The sell-off on Binance and OKX was particularly aggressive , with figures shared by analyst Amr Taha showing that taker sell volume on Binance crossed $1.1 billion as ETH pushed toward $2,100. A Market Cleared of Longs What the liquidation data shows is a market that has been largely flushed of bullish leverage. According to market observer CW, only about $600 million in high-leverage ETH long positions remain , while short positions have reached $6.3 billion, more than ten times the size of the long side. They also noted that a new CME gap has formed around $2,200 and that three unfilled CME gaps now sit between the current price and $3,200, removing a layer of downside technical risk. Another trader, Crypto Ed, said both Bitcoin and Ethereum had entered what he described as “green box” support zones, though he still expected another leg lower before any sustained recovery. ETH hit a 10-month low against BTC over the weekend, with the ETH/BTC pair falling under 0.028, a level not seen since the middle of last year. The post Tom Lee Links Ethereum Weakness to Rising Oil Prices appeared first on CryptoPotato .
18 May 2026, 21:43
AVAX drops 2.3 percent to $9 as sell pressure grows

🚨 AVAX price dropped 2.3 percent in 24 hours to $9.05. The majority of recent Avalanche transactions cost less than 0.0001 $AVAX. Continue Reading: AVAX drops 2.3 percent to $9 as sell pressure grows The post AVAX drops 2.3 percent to $9 as sell pressure grows appeared first on COINTURK NEWS .
18 May 2026, 21:30
Ethereum Institutional Adoption Expands: ETH Held In Corporate Reserves Climbs To New Landmark

Ethereum’s sideways price action has continued, but demand for the leading altcoin on the institutional level has not yet cooled down. During this persistent price action, institutions across the sector have been quietly increasing their exposure to ETH, buying more of the altcoin. Corporate Demand Pushes Ethereum Reserves Higher A recent report has revealed an underlying persistent demand for Ethereum even as its price continues to face downside pressure. In the face of volatility, i nstitutional investors have continued acquiring ETH as the amount of ETH held in corporate reserves climbs sharply to fresh levels. According to Crypto Patel, a researcher and on-chain analyst, the number of ETH collectively held in corporate reserves has recently reached 7.33 million ETH, valued at a whopping $16 billion. This figure marks its highest level yet. The milestone shows that businesses across the crypto and financial sectors are becoming more open to treating Ethereum as a strategic part of long-term treasury and digital asset plans rather than just as a speculative asset. When institutions are buying, it often points to rising confidence in Ethereum and the network ’s expanding role across the blockchain sector. With roughly 6% of ETH’s total supply now sitting on corporate balance sheets, Crypto Patel has labeled this a rapidly growing institutional accumulation. Overall, the increase in corporate ETH reserves underscores ETH’s role as one of the leading assets for long-term investments in the broader and ever-dynamic cryptocurrency sector. Small And Medium-Sized ETH Whales Are On A Selling Spree It is important to note that sentiment toward Ethereum is not uniformly bullish. CW, a market expert and verified author at CryptoQuant, has outlined a negative shift in sentiment among small and medium-sized ETH whales. In the expert’s post shared on the X platform, it is shown that the groups of key investors are steadily offloading their ETH holdings, indicating growing caution amid the current bearish market environment. These investors are likely selling their coins in order to secure more gains and prevent more losses. While small and medium-sized whales continue to sell their ETH , large whales are doing the opposite as their balance has steadily increased. CW stated that this suggests that large whales are snatching up the coins being sold by these cohorts. In the meantime, this trend could play a critical role in shaping momentum, particularly when large holders begin positioning for potential upside. Currently, the price of ETH is trading at $2,119, showing a more than 3% decline over the past day. However, after examining its price action on the 4-hour time frame, CW noted that Ethereum has now entered a buy wall zone, which is acting as a key support zone for the altcoin. While ETH is in a buy wall zone, a region where robust demand might promote price stability and possibly spur a recovery , a sell wall has also emerged around the $2,250 price level, which also paints a potential bearish outlook for the token.
18 May 2026, 21:30
Bitcoin Miner Revenue Drops 9.44% Following Network Difficulty Jump

After approaching $40 per petahash per second (PH/s) in hashprice terms, bitcoin’s latest price decline triggered a pullback in hashprice, reducing mining profitability since May 14. Conditions tightened further the next day when the difficulty adjustment arrived, pushing mining difficulty 3.12% higher than the previous epoch. Bitcoin Petahash Value Slides to $35 as Mining Difficulty
18 May 2026, 21:25
Dollar Slips After Best Week in Nine Months as Bond Market Rout Eases

BitcoinWorld Dollar Slips After Best Week in Nine Months as Bond Market Rout Eases The U.S. dollar retreated on Tuesday, giving back some of its sharp gains from the previous week, as a rapid selloff in global bond markets began to stabilize. The dollar index, which measures the greenback against a basket of six major currencies, edged lower after posting its strongest weekly performance in over nine months. Bond Market Volatility Drives Currency Moves The recent rally in the dollar was fueled by a dramatic spike in U.S. Treasury yields, which sent shockwaves through global financial markets. Investors rushed into the dollar as a safe haven, pushing the currency higher against the euro, Japanese yen, and British pound. However, as yields pulled back from their peaks on Tuesday, the dollar followed suit, signaling that the currency’s trajectory remains tightly tied to bond market dynamics. Analysts note that the speed of the yield move was historically significant. The benchmark 10-year Treasury note yield rose by roughly 30 basis points over the course of last week, its largest weekly jump since early 2023. The move was driven by stronger-than-expected U.S. economic data and hawkish commentary from Federal Reserve officials, which dampened hopes for imminent interest rate cuts. Market Implications and Trader Sentiment The easing of the bond market rout has provided some relief to risk-sensitive currencies. The euro recovered slightly against the dollar, while the yen, which had been under intense pressure, also stabilized. Currency traders are now closely watching upcoming U.S. inflation data and retail sales figures, which could determine whether the dollar’s correction deepens or if the broader uptrend resumes. “The dollar’s pullback is a natural correction after an aggressive rally,” said a senior currency strategist at a London-based investment bank. “The market is recalibrating its expectations for Fed policy, and any sign of economic softening could accelerate the dollar’s decline.” What This Means for Investors For investors and businesses exposed to currency fluctuations, the recent volatility underscores the importance of hedging strategies. A weaker dollar can benefit multinational companies with overseas earnings, while importers may see some cost relief. Conversely, a sustained dollar rally could tighten financial conditions globally, particularly for emerging markets that borrow in dollars. The Federal Reserve’s next policy meeting, scheduled for early May, remains the key event on the horizon. Markets are currently pricing in a roughly 50% chance of a rate cut by July, though that probability has shifted dramatically in recent weeks. Conclusion The dollar’s slip on Tuesday does not necessarily signal a reversal of its recent strength, but it does highlight the market’s sensitivity to interest rate expectations. With bond market volatility easing for now, currency traders are refocusing on economic fundamentals. The coming days will be critical in determining whether the dollar can regain its footing or if the current pullback has further to run. FAQs Q1: Why did the dollar rally so sharply last week? The dollar rallied due to a sharp rise in U.S. Treasury yields, driven by strong economic data and hawkish comments from Federal Reserve officials. This made the dollar more attractive to yield-seeking investors. Q2: What does a weaker dollar mean for the stock market? A weaker dollar can be positive for U.S. stocks, especially for multinational companies that earn revenue abroad. It can also make U.S. exports cheaper, boosting corporate profits. Q3: How long will the bond market volatility last? Bond market volatility is expected to persist until there is greater clarity on the Federal Reserve’s interest rate path. Key data releases, such as inflation and employment reports, will be crucial in shaping market expectations. This post Dollar Slips After Best Week in Nine Months as Bond Market Rout Eases first appeared on BitcoinWorld .








































