FreshForex broker

[FreshForex]

Where is the big money flowing in the markets?

Yesterday, on May 20, gold (XAUUSD) reached a new all-time high of $2450 per ounce! At its peak, the growth was an impressive 17.5% since the beginning of the year!

Some analysts had previously predicted a rise up to $3500 per troy ounce, and current prices are confirming these forecasts.

Bitcoin (BTCUSD) also did not lag behind. The leading cryptocurrency gained 8% yesterday, reaching $72,000. Since the beginning of the year, Bitcoin has grown by 73%!

FreshForex analysts are confident that gold and Bitcoin form a powerful duo for protecting and growing capital. Here's why:

- Inflation Hedge: Gold and Bitcoin are often viewed as hedges against inflation. Both assets have a limited supply (finite amount of gold on Earth, finite number of Bitcoin), which increases their value amid rising money supply.

- Portfolio Diversification: Investors and traders, fearing inflation, prefer gold and Bitcoin as stable assets that can better preserve their value over time.

- Capital Inflow: Wealthy investors and speculators have always bought precious metals to preserve capital. The launch of Bitcoin funds on the exchange attracts new large investors, supporting high prices.

- Geopolitical Risks: Conflicts in Europe and the Middle East increase the demand for stable and safe assets.

We’re tired of repeating it, but our analysts have consistently predicted the current rise in both gold and Bitcoin, and they are now confident that the growth is not yet over.

Don't miss the chance to invest in these current market trends with FreshForex!

Grow Your Capital

[FreshForex]

ETHEREUM REACHES NEW HEIGHTS

Ethereum (ETHUSD) is once again at the peak of interest in the crypto community, and it's no coincidence. Here are some key events:

1. ETF Breakthrough: The U.S. Securities and Exchange Commission (SEC) has finally approved 8 applications to launch Ethereum ETFs from giants like BlackRock and Fidelity. This SEC decision is primarily political and opens the doors to new investments from the masses. It is expected that the Ethereum ETF will attract between $5 and $8 billion.

2. Successful Network Upgrade: The recent Ethereum network upgrade, known as Dencun, brought significant improvements in scalability and security. These changes, including new smart contract capabilities, will make the Ethereum network even more attractive to developers and users, driving further growth.

3. Analysts’ Forecasts Fuel Interest: Analysts agree that the approval of the ETF and the successful network upgrade can significantly impact the value of the second-largest cryptocurrency and may even trigger a new "altcoin season," similar to how Bitcoin ETF approval previously led to substantial price increases across various crypto pairs.

All these factors create optimistic prospects for the cryptocurrency as a whole, attracting the attention of investors and developers. So, if you haven't tried it yet, now is the perfect time to consider investing in the world of cryptocurrencies.

At FreshForex, we offer accounts in 7 cryptocurrencies and 70 crypto pairs with 1:100 leverage for trading 24/7.

Plus, get a bonus of up to 10% on your balance for your first crypto account deposit!


Jump into the crypto world