News
13 May 2026, 05:40
Gold Holds Near Lows as Hot CPI Data Bolsters Fed Rate Hike Expectations, Dollar

BitcoinWorld Gold Holds Near Lows as Hot CPI Data Bolsters Fed Rate Hike Expectations, Dollar Gold prices remained under pressure on Wednesday, hovering near recent lows, after a hotter-than-expected U.S. Consumer Price Index (CPI) report reinforced expectations that the Federal Reserve will maintain its aggressive interest rate hiking cycle. The stronger dollar, buoyed by the inflation data, further weighed on the precious metal, which is priced in the greenback. CPI Data Strengthens Fed Hawkish Stance The U.S. Bureau of Labor Statistics reported that the headline CPI rose 0.4% month-over-month in January, exceeding the consensus estimate of 0.3%. On an annual basis, inflation came in at 3.1%, above the 2.9% forecast. Core CPI, which excludes volatile food and energy prices, also climbed 0.4% monthly and 3.9% year-over-year, both above expectations. These figures suggest that inflation remains stickier than many policymakers and investors had hoped. The data effectively dashed any lingering hopes for a near-term pause or reversal in the Fed’s rate hiking campaign. Market-implied probabilities for a 25-basis-point rate hike at the March Federal Open Market Committee (FOMC) meeting surged above 80% immediately following the release. Dollar Rally Adds Pressure on Gold The U.S. Dollar Index (DXY), which measures the greenback against a basket of six major currencies, jumped more than 0.6% on the day, breaching the 104.50 level. A stronger dollar typically makes gold, which is dollar-denominated, more expensive for holders of other currencies, reducing demand. Gold, a non-yielding asset, is also particularly sensitive to rising interest rates. Higher rates increase the opportunity cost of holding gold, which does not pay interest or dividends, compared to yield-bearing assets like bonds. The 10-year U.S. Treasury yield rose to 4.3% following the CPI release, further diminishing gold’s appeal. Market Implications and Outlook The immediate reaction in the gold market was a sharp sell-off, with spot gold falling to around $1,990 per ounce, its lowest level in over a week. The metal has now erased most of the gains it made in late January on safe-haven buying tied to geopolitical tensions in the Middle East. Analysts note that gold’s trajectory will remain heavily dependent on incoming economic data and the Fed’s policy path. If upcoming reports on producer prices (PPI) and retail sales also point to persistent inflation, gold could test the $1,950 support level. Conversely, any signs of economic slowdown or dovish Fed commentary could provide a floor for prices. Conclusion The hotter-than-expected January CPI report has recalibrated market expectations for Federal Reserve policy, driving the dollar higher and pushing gold to the sidelines. For now, the precious metal is caught between sticky inflation and a hawkish central bank, with little immediate catalyst for a sustained recovery. Investors will closely monitor upcoming economic data and Fed speeches for further directional cues. FAQs Q1: Why does a hot CPI report affect gold prices? High CPI indicates persistent inflation, which leads the Federal Reserve to raise interest rates. Higher rates increase the opportunity cost of holding non-yielding gold and strengthen the dollar, both of which pressure gold prices downward. Q2: What is the current support level for gold? After the CPI-driven sell-off, gold is testing the $1,990 per ounce level. A break below this could open the door to the $1,950 support zone, which has held in recent months. Q3: Could gold still rally this year despite Fed rate hikes? Yes, gold could rally if economic data weakens significantly, prompting the Fed to pivot to a less hawkish stance, or if geopolitical tensions escalate, driving safe-haven demand. However, a strong dollar and high rates remain headwinds in the near term. This post Gold Holds Near Lows as Hot CPI Data Bolsters Fed Rate Hike Expectations, Dollar first appeared on BitcoinWorld .
13 May 2026, 05:35
India Gold Price Today: Gold Falls, According to Bitcoin World Data

BitcoinWorld India Gold Price Today: Gold Falls, According to Bitcoin World Data Gold prices in India declined today, according to data tracked by Bitcoin World. The dip comes amid shifting global market sentiment and domestic demand dynamics, offering a fresh snapshot for investors and consumers monitoring the precious metal’s trajectory. Gold Price Movement in India Today Bitcoin World data shows that the price of gold in India fell today, reversing some gains from earlier sessions. The decline was observed across major cities, reflecting broader trends in international bullion markets. While the exact percentage drop varies by purity and location, the movement signals a short-term correction rather than a structural shift. Market Context and Drivers The fall in India’s gold price today aligns with global cues, including a stronger US dollar and rising bond yields, which typically pressure non-yielding assets like gold. Domestically, the rupee’s movement against the dollar and seasonal demand patterns also play a role. Analysts note that Indian gold prices often track international rates adjusted for import duties and local taxes, making global factors a primary driver. Implications for Investors and Consumers For investors, today’s decline may present a buying opportunity if the trend is seen as temporary. For consumers, particularly those planning weddings or festivals, the lower price could reduce acquisition costs. However, volatility remains a key consideration, and market participants should monitor upcoming US economic data and geopolitical developments for further direction. Conclusion The fall in India’s gold price today, as recorded by Bitcoin World, reflects a combination of international and domestic factors. While short-term corrections are common, the long-term outlook for gold remains tied to inflation expectations, central bank policies, and global risk appetite. Investors and buyers should stay informed through reliable data sources and consider their individual financial goals. FAQs Q1: Why did gold prices fall in India today? A: The decline is primarily driven by global factors such as a stronger US dollar and higher bond yields, which reduce gold’s appeal as an alternative investment. Q2: Is this a good time to buy gold in India? A: For long-term investors, a price dip can be an opportunity, but short-term volatility should be considered. Consulting a financial advisor is recommended. Q3: Where can I find accurate gold prices in India? A: Reliable sources include Bitcoin World data, official bullion exchange rates, and major bank or jeweler websites that update prices daily. This post India Gold Price Today: Gold Falls, According to Bitcoin World Data first appeared on BitcoinWorld .
13 May 2026, 05:33
Hyperliquid ETF Sees Strong Debut, But HYPE Price Pulls Back

Bloomberg ETF analyst James Seyffart described the debut as stronger than the average ETF launch, despite trailing the larger openings seen from XRP- and Solana-based funds. Meanwhile, Bitwise and Grayscale are also pursuing Hyperliquid-based investment products in the United States. Hyperliquid ETF Opens Trading Trading of the first-ever Hyperliquid exchange-traded fund (ETF) officially began on Tuesday when crypto asset manager 21Shares launched its THYP ETF. According to James Seyffart, the ETF generated approximately $1.8 million in trading volume during its first day on the market. While the debut was not considered explosive compared to some of the larger crypto ETF launches, Seyffart described the performance as a strong start that exceeded the average ETF debut. The fund is important because it provides exposure to Hyperliquid, which is currently considered to be the largest on-chain perpetual futures decentralized exchange. The launch came during a period of increasing competition among asset managers looking to introduce crypto-based investment products tied to blockchain ecosystems. Recent altcoin ETF launches linked to XRP and Solana generated much larger first-day volumes, with spot XRP products recording roughly $58 million and Solana ETFs attracting around $57 million in opening-day trading activity. Seyffart also suggested that another Hyperliquid-focused investment product could soon reach the market, with Bitwise expected to potentially launch its own HYPE ETF in the United States. Bitwise was the first firm to file for a US-based Hyperliquid ETF and recently submitted a second amendment to its proposal to finalize operational details and expand the list of approved trading counterparties ahead of a possible approval. The company already introduced a European Hyperliquid staking ETP on Deutsche Börse Xetra. Meanwhile, Grayscale Investments is also pursuing a Hyperliquid-based fund. At the same time, HYPE’s market performance over the past 24 hours cooled after strong gains in the past few weeks. The token traded around $40.24 at press time, after recording a 2.42% decline during the daily session. HYPE price over the past 24 hours (Source: CoinCodex) Intraday price action showed HYPE initially trading above the $41 level before gradually trending lower throughout the day. The asset briefly dipped below the $40 mark before recovering some losses and stabilizing near the $40.10 to $40.40 range.
13 May 2026, 05:14
Structural Indicators of Long-term Institutional Ethereum Adoption Building: SharpLink

The last few months have been volatile for the price of ETH, the company stated on X on Wednesday. The asset has consolidated around bear market lows of $2,000 since the beginning of February and has yet to make any move to pre-crash levels. Nevertheless, “the structural indicators of long-term institutional adoption of Ethereum continued to build,” stated SharpLink. Sharplink Gaming is the world’s second-largest Ether DAT with 863,000 ETH worth around $1.89 billion. However, it has not made any further significant purchases since October 2025. Staking, ETFs, and RWA Momentum The firm highlighted several key metrics for its thesis, including continually increasing total value staked. Staking deposits have not slowed through bear markets, including a 50% price drawdown from the 2025 peak, it stated. There are currently 38.7 million ETH staked, worth around $89 billion, and equating to 32% of the total supply. “Conviction in Ethereum’s yield layer is compounding regardless of price.” Additionally, long-term holders did not flinch at the bear market drawdown, with every cohort holding ETH for more than six months holding its position through the recent volatility. It also observed that short-term ETH holders were at breakeven with an MVRV sitting at 1.0, which indicates “recent buyers have no meaningful profit to sell, and loss-cutters have cleared out.” “At the same time, exchange balances have fallen to 15 million ETH, a multi-year low. Less ETH available to sell. Less incentive to sell it. That is a supply constraint.” Meanwhile, US spot ETH ETF flows turned positive in April after several months of net outflows as investors poured back into regulated ether products, even during a month that included a major DeFi exploit, it stated. The last few months have been volatile for the price of ETH. But in parallel, the structural indicators of long-term institutional adoption of Ethereum continued to build. A look at the data. — Sharplink (@Sharplink) May 12, 2026 SharpLink also noted Ethereum’s dominance in real-world asset tokenization, and this week’s news that BlackRock said it would begin tokenizing an existing multibillion-dollar money market fund on Ethereum. Also this week, JP Morgan announced the launch of a second tokenized money market fund on Ethereum. “These are not separate trends. They are the same story told in different ways,” stated SharpLink. “Asset managers tokenizing on-chain choose Ethereum. Stablecoins settle on Ethereum. Autonomous agents operate on Ethereum.” Meanwhile, Mike Novogratz’s Galaxy and SharpLink launched a $125 million Ethereum-powered DeFi yield fund this week. Not Reflected in ETH Prices Despite these solid fundamentals, spot Ether prices are still deflated. ETH fell back to its lowest level for almost two weeks, just above $2,250 in late trading on Tuesday, following the US CPI print and increase in inflation. It managed to recover to just below $2,300 during Asian trading on Wednesday, but failed to break above it at the time of writing. The asset has been tightly range-bound for the past month and remains almost 54% down from its all-time high in August 2025, so those institutional adoption fundamentals are not being reflected in spot markets yet. The post Structural Indicators of Long-term Institutional Ethereum Adoption Building: SharpLink appeared first on CryptoPotato .
13 May 2026, 05:08
Solana (SOL) Dips Modestly, But Traders Still Expect Bigger Move

Solana failed to stay above $96 and corrected some gains. SOL price is now consolidating and might aim for another increase above $98. SOL price started a downside correction below $96 against the US Dollar. The price is now trading above $94 and the 100-hourly simple moving average. There is a bullish trend line forming with support at $93.00 on the hourly chart of the SOL/USD pair (data source from Kraken). The pair could extend losses if it dips below the $92 zone. Solana Price Remains Supported Solana price failed to stay above $98 and started a downside correction, like Bitcoin and Ethereum . SOL dipped below $86 and $85 to enter a short-term bearish zone. There was a move below the 23.6% Fib retracement level of the upward wave from the $87.61 swing low to the $98.47 high. The price even tested the $93.65 support. Besides, there is a bullish trend line forming with support at $93.00 on the hourly chart of the SOL/USD pair. Solana is now trading above $94 and the 100-hourly simple moving average. On the upside, the price is facing resistance near the $96 level. The next major resistance is near the $98 level. The main resistance could be $102. A successful close above the $102 resistance zone could set the pace for another steady increase. The next key resistance is $105. Any more gains might send the price toward the $112 level. Downside Break In SOL? If SOL fails to rise above the $96 resistance, it could start another decline. Initial support on the downside is near the $94 zone, the trend line, and the 50% Fib retracement level of the upward wave from the $87.61 swing low to the $98.47 high. The first major support is near the $90 level. A break below the $90 level might send the price toward the $88 support zone. If there is a close below the $88 support, the price could decline toward the $84 support in the near term. Technical Indicators Hourly MACD – The MACD for SOL/USD is gaining pace in the bullish zone. Hourly Hours RSI (Relative Strength Index) – The RSI for SOL/USD is above the 50 level. Major Support Levels – $94.00 and $90.00. Major Resistance Levels – $96.00 and $98.00.
13 May 2026, 05:00
50,000 Bitcoin Left Miners’ Hands In Two Weeks: Is Demand Strong Enough To Handle More?

Bitcoin is holding above $80,000 after weeks of bullish price action that has carried it significantly above the lows that defined the worst of the February and March correction. The recovery has been sustained and the price is constructive — but an Arab Chain report has identified a shift in miner behavior that adds a specific supply-side dimension to the current setup that the price chart alone does not reveal. Since the beginning of May, miner inflows to Binance have reached approximately 50,000 BTC — a figure that reflects a clear and meaningful acceleration in miner activity over a compressed timeframe. The timing is not coincidental. Bitcoin trading near relatively high levels above $80,000 has created the conditions that miners have been waiting for: a price recovery significant enough to make profit realization attractive after months of compressed margins and elevated operational costs. The behavior is recognizable and historically documented. When Bitcoin recovers meaningfully from correction lows, miners who accumulated during the downturn or maintained production through compressed profitability tend to increase their exchange deposits as the price rises toward levels where selling makes financial sense. The current 50,000 BTC in May inflows is the on-chain evidence that this dynamic is now active. What the Arab Chain report examines is not whether miners are selling — the inflow data confirms they are moving coins toward that possibility — but whether the demand currently supporting Bitcoin above $80,000 is deep enough to absorb what arrives. 50,000 BTC From Miners. Bitcoin Is Absorbing It. The Question Is How Much Longer The Arab Chain report places the inflow surge in the context that gives it its full weight. Daily miner deposits to Binance have repeatedly exceeded 7,000 to 8,000 BTC at peak moments during the current period — a pace of exchange-directed supply that historically creates meaningful overhead pressure, particularly when it coincides with slowing upward momentum or a consolidation phase rather than a continuation of the advance. The constructive reading is visible in the price itself. Bitcoin holding above $80,000 throughout the inflow period reflects a demand structure capable of absorbing significant miner supply without breaking. That absorption is not passive — it represents active buying meeting the coins that miners are moving toward the sell side, and the price holding is the evidence that the buying has been sufficient. The risk the report identifies is duration and accompaniment. A sustained period of elevated miner inflows at this pace does not become a problem if demand grows alongside it. It becomes a problem if buying volume weakens or broader exchange selling activity increases while miners continue depositing at the current rate. That combination — persistent supply meeting diminishing demand — is the specific scenario that creates the kind of volatility Bitcoin has managed to avoid so far. The market is currently at the point where the distinction between temporary profit-taking and the beginning of a broader distribution phase is not yet visible in the price. The Arab Chain analysis identifies that determination as the most important forward question the coming sessions will begin to answer. Bitcoin Tests Resistance While Buyers Defend Key Demand Zones Bitcoin is trading around $80,700 after a strong recovery from the February capitulation low near $60,000. The chart shows a market that has transitioned from panic-driven selling into a structured recovery phase, with buyers consistently defending higher lows over the last two months. The most important technical feature on the chart is the reclaim of the $72,000–$74,000 region highlighted in yellow. That zone acted as major support during the early stages of the correction before breaking down in February. Bitcoin has now recovered above it and continues using it as support, confirming that previous resistance has flipped into an important demand area. A second highlighted support region near $64,000–$66,000 marks the base where buyers aggressively absorbed selling pressure during the worst phase of the decline. The sharp rejection from that area established the structural bottom of the current recovery trend. Momentum remains constructive while Bitcoin holds above the rising 50-day moving average and continues printing higher highs and higher lows. However, price is now approaching the declining 200-day moving average near the $82,000 region — the same area that rejected previous rally attempts earlier in the year. Volume has normalized significantly compared to the February panic, suggesting the market is stabilizing. A confirmed breakout above the current resistance zone would likely shift focus toward the $90,000–$92,000 area next. Featured image from ChatGPT, chart from TradingView.com









































