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10:18
Gold prices plummet as investors rush to bottom fish, maxing out bank cards; 10g and 20g gold bars sold out within 3 hours at gold shops
```htmlGolden Ten Data reported on June 25 that spot gold overnight fell below the $4,000/ounce mark, and the Shanghai Gold Exchange Au99.99 (spot gold trading contract) price returned to the "8" digit level. Today at Caibai Jewelry's main store in Xicheng District, Beijing, it was learned that gold bars of small denominations, such as 10 grams and 20 grams, are the hottest sellers. Around noon, the 10-gram basic investment gold bar and the 20-gram Zodiac Horse gold bar were sold out. On site, some customers paid directly with cash, and others maxed out the balances from multiple bank cards. "You need to pay 88,310 yuan for this 100 grams. There's not enough money in this card, how would you like to pay the remainder?" asked the Caibai Jewelry sales staff. "I still have a few other cards, please swipe them all, and if there's any balance left, I'll use WeChat or Alipay," replied the customer while presenting the remaining bank cards. After all the cards were swiped, the customer used WeChat pay to cover the remaining several thousand yuan.```
10:15
Micron Technology releases strong earnings report, stock price rises 16%
Micron Technology released a strong financial report and provided positive guidance, with its stock price rising by 16%, driving up AI memory sector stocks.
10:11
Barclays: Emerging markets outperformed expectations in Q2, Asia remains the region with the greatest upside potential
```htmlGolden Ten Data reported on June 25 that the Barclays research team released its latest quarterly outlook on emerging markets economics and strategy. Barclays stated that since the second quarter, geopolitical tensions and energy prices have been the main factors driving market trends, but emerging market economies and assets have performed better than expected. The Federal Reserve’s policy cycle may bring new challenges to local currency assets in emerging markets, but the easing situation in the Middle East is also expected to create opportunities for their performance. Investors will pay more attention to different markets and their excess return opportunities driven by fundamentals. Barclays believes that the previously feared supply chain disruptions have not caused a regional slowdown in growth. Thanks to resilient exports—especially strong performance in technology exports—and the ability of both companies and governments to reallocate energy supplies, most economies apart from the Philippines have significantly outperformed expectations.```
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