{"id":73685,"date":"2026-06-07T14:29:01","date_gmt":"2026-06-07T14:29:01","guid":{"rendered":"https:\/\/crowdfundjunction.com\/blog\/gold-and-silver-bleed-23-and-44-despite-us-iran-war-and-rising-cpi\/"},"modified":"2026-06-07T14:29:01","modified_gmt":"2026-06-07T14:29:01","slug":"gold-and-silver-bleed-23-and-44-despite-us-iran-war-and-rising-cpi","status":"publish","type":"post","link":"https:\/\/crowdfundjunction.com\/blog\/gold-and-silver-bleed-23-and-44-despite-us-iran-war-and-rising-cpi\/","title":{"rendered":"Gold and Silver Bleed 23% and 44% Despite US-Iran War and Rising CPI"},"content":{"rendered":"<p><b>(Originally posted on : Bitcoin News )<\/b><br \/>\n<\/p>\n<div>\n<div class=\"@container mb-[25px] rounded-sm overflow-clip py-0.5 pr-0.5 pl-2.5 bg-success-100\">\n<div class=\"flex flex-col gap-m overflow-clip rounded-[6px] !bg-success-10 p-3 @[420px]:p-m\">\n<h2 class=\"m-0 flex items-center gap-s text-[19px] !text-[#1c1c1c] md:text-[20px]\"><svg xmlns=\"http:\/\/www.w3.org\/2000\/svg\" width=\"16\" height=\"10\" viewbox=\"0 0 16 10\" fill=\"none\" class=\"shrink-0 text-success-100\" aria-hidden=\"true\"><path d=\"M1 1.5h14\" stroke=\"currentColor\" stroke-width=\"2.5\" stroke-linecap=\"round\"\/><path d=\"M1 8.5h10\" stroke=\"currentColor\" stroke-width=\"2.5\" stroke-linecap=\"round\"\/><\/svg><span>Key Takeaways<\/span><\/h2>\n<ul class=\"m-0 flex list-none flex-col gap-m pl-0\">\n<li class=\"m-0 flex items-start gap-s !text-[#434248]\"><span class=\"mt-2 size-2 shrink-0 rounded-full bg-success-100\" aria-hidden=\"true\"\/><span class=\"text-body\">Gold fell 23% from its January 2026 high of $5,608\/oz to $4,331 on June 5, 2026.<\/span><\/li>\n<li class=\"m-0 flex items-start gap-s !text-[#434248]\"><span class=\"mt-2 size-2 shrink-0 rounded-full bg-success-100\" aria-hidden=\"true\"\/><span class=\"text-body\">Kevin Warsh\u2019s Fed and a 172,000 May payrolls beat pushed rate-hike odds higher, pressuring metals.<\/span><\/li>\n<li class=\"m-0 flex items-start gap-s !text-[#434248]\"><span class=\"mt-2 size-2 shrink-0 rounded-full bg-success-100\" aria-hidden=\"true\"\/><span class=\"text-body\">Central banks added roughly 19 tonnes of gold in April, but Western outflows continued driving prices down.<\/span><\/li>\n<\/ul>\n<\/div>\n<\/div>\n<h2>How Far Prices Have Fallen<\/h2>\n<p><a href=\"https:\/\/news.bitcoin.com\/gold-overtakes-us-treasuries-as-top-reserve-asset-ecb-data\/\">Gold<\/a> peaked at $5,608 per ounce in late January 2026 before reversing sharply. By June 5, it had fallen approximately 23% from that record. Silver\u2019s correction has been steeper, dropping roughly 44% from its high above $121 to around $67.30. Spot data on June 5 showed <span>gold<\/span> bid at $4,328 with a daily loss of 3.27%. Silver bid at $67.72, off 8.19% on the session.<\/p>\n<figure id=\"attachment_820975\" aria-describedby=\"caption-attachment-820975\" style=\"width:1470px\" class=\"wp-caption aligncenter\"><figcaption id=\"caption-attachment-820975\" class=\"wp-caption-text\">Image source: Precious Metals prices via kitco.com\/price\/precious-metals<\/figcaption><\/figure>\n<p>Platinum and palladium joined the rout. Platinum fell 6.23% to a $1,775 bid. Palladium dropped 6.87% to $1,207.<\/p>\n<h2>Why Classic Safe-Haven Logic Is Breaking Down<\/h2>\n<p>The U.S.-Iran conflict disrupted <a href=\"https:\/\/news.bitcoin.com\/strait-of-hormuz-blockade-trump-says-no-ship-moves-without-us-navy-approval\/\">Strait of Hormuz<\/a> shipping lanes, pushed oil above $100 per barrel at its peak, and helped lift US CPI to 3.8% year-over-year in April 2026. Under standard conditions, that combination would generate sustained buying pressure in <span>gold<\/span>.<\/p>\n<p>Instead, traders moved the other way. The same <span>inflation<\/span> data that should boost <span>gold<\/span> has reinforced the case for a hawkish Federal Reserve. Higher expected rates raise the opportunity cost of holding a non-yielding asset. Real yields climbed. The US dollar held firm on rate differential support, making dollar-denominated <span>gold<\/span> more expensive for foreign buyers.<\/p>\n<p>\u201cThe assets the entire world buys to protect against war and <span>inflation<\/span> just did the exact opposite of what they were supposed to do,\u201d the X account Bull Theory <a href=\"https:\/\/x.com\/BullTheoryio\/status\/2063564372535087135?s=20\" target=\"_blank\" rel=\"noopener noreferrer\">wrote<\/a> on Sunday morning. \u201c <span>Gold<\/span> hit an all-time high of $5,600 on January 29, up 31% in just 29 days, adding $9 trillion to its <span>market cap<\/span>. Silver hit $121 the same month, up 68% in 29 days, adding $3.5 trillion to its <span>market cap<\/span>. Every safe haven buyer was positioned perfectly.\u201d<\/p>\n<p>Bull Theory added:<\/p>\n<blockquote>\n<p>\u201cThen the U.S.-Iran war escalated in February, the Strait of Hormuz closed, oil hit $93, and <span>inflation<\/span> climbed to 3.8%. These are exactly the conditions <span>gold<\/span> and silver are supposed to thrive in. Instead, <a href=\"http:\/\/www.bitcoin.com\/get-started\/bitcoin-vs-gold\/\" class=\"lar_link lar_link_outgoing\" target=\"_blank\" rel=\"noopener noreferrer\">gold<\/a> has now crashed 23% from its peak, wiping out $8 trillion in market value. Silver crashed 44%, wiping out $3.5 trillion. Both are now negative for 2026.\u201d<\/p>\n<\/blockquote>\n<h2>Warsh Fed and the May Jobs Report<\/h2>\n<p>Kevin Warsh was <a href=\"https:\/\/news.bitcoin.com\/kevin-warsh-takes-fed-chair-oath-as-fomc-gives-unanimous-backing\/\">sworn in<\/a> as Fed Chair on May 22. His arrival followed a May jobs report showing 172,000 nonfarm payrolls against an 85,000 consensus estimate. That number, combined with upward revisions, shifted federal funds futures toward a higher terminal rate and raised the probability of a December rate hike.<\/p>\n<p>The result: metals traders who entered 2026 positioned for rate cuts have spent five months unwinding those bets.<\/p>\n<h2>Central Banks Buy, Western Investors Sell<\/h2>\n<p>The structural bull case for <a href=\"http:\/\/www.bitcoin.com\/get-started\/bitcoin-vs-gold\/\" class=\"lar_link lar_link_outgoing\" target=\"_blank\" rel=\"noopener noreferrer\">gold<\/a> remains intact in the background. Central banks, led by Poland, China, and Uzbekistan, <a href=\"https:\/\/www.gold.org\/goldhub\/research\/gold-demand-trends\/gold-demand-trends-q1-2026\/central-banks\" target=\"_blank\" rel=\"noopener noreferrer\">continued<\/a> net purchases through Q1 2026. China resumed buying in April, adding approximately 19 tonnes. Physical silver markets remain tight due to solar panel and electronics demand.<\/p>\n<p>That structural demand has not been enough to offset Western investor outflows and speculative deleveraging. The January rally attracted heavy positioning. When the rate-cut narrative faded, <a href=\"http:\/\/www.bitcoin.com\/get-started\/what-is-leverage-in-crypto-trading\/\" class=\"lar_link lar_link_outgoing\" target=\"_blank\" rel=\"noopener noreferrer\">leverage<\/a> unwinds and technical breaks followed.<\/p>\n<h2>What Traders Are Watching Next<\/h2>\n<p>The Federal Open Market Committee (FOMC) meets June 16 and 17 in Warsh\u2019s first meeting as Chair. A hold is widely expected. The dot plot, Summary of Economic Projections, and Warsh\u2019s press conference tone will be the key variables to watch closely. A hawkish signal extends the correction. Any de-escalation on the Iran front or softer jobs data could produce a relief move in the opposite direction.<\/p>\n<p>JPMorgan and others have maintained longer-term price targets in the $5,000 to $6,000 range. Near-term forecasts have been revised lower given the rate environment. Similar to <a href=\"https:\/\/www.binance.com\/en\/price\/bitcoin\" class=\"lar_link lar_link_outgoing\" target=\"_blank\" rel=\"noopener noreferrer\">bitcoin<\/a> advocates, metal-focused proponents have long noted that the core drivers from 2025, including policy uncertainty, dollar trajectory, geopolitics, and equity valuations, remain structurally in place despite the pullback.<\/p>\n<div class=\"not-prose my-3 lg:my-4\"><a aria-label=\"Read Now: Bitcoin Holds Above $59.1K Low as Short-Term Charts Signal Oversold Bounce Setup\" class=\"block overflow-hidden rounded-lg !bg-[#E8EDFA] p-[9px] no-underline focus-visible:outline-none focus-visible:ring-2 focus-visible:ring-[#4169E1] focus-visible:ring-offset-2 flex flex-col md:hidden\" href=\"https:\/\/news.bitcoin.com\/bitcoin-holds-above-59-1k-low-as-short-term-charts-signal-oversold-bounce-setup\/\"><\/p>\n<div class=\"relative aspect-video w-full overflow-hidden rounded-[15px]\"><img alt=\"Bitcoin Holds Above $59.1K Low as Short-Term Charts Signal Oversold Bounce Setup\" loading=\"lazy\" decoding=\"async\" data-nimg=\"fill\" class=\"object-cover\" style=\"position:absolute;height:100%;width:100%;left:0;top:0;right:0;bottom:0;color:transparent\" sizes=\"(max-width: 768px) calc(100vw - 18px)\" srcset=\"\/_next\/image\/?url=https%3A%2F%2Fstatic.news.bitcoin.com%2Fwp-content%2Fuploads%2F2026%2F06%2Fbitcoin-holds-above-59-1k-low-as-short-term-charts-signal-oversold-bounce-setup_nwmk-760x428.png&amp;w=32&amp;q=75 32w, \/_next\/image\/?url=https%3A%2F%2Fstatic.news.bitcoin.com%2Fwp-content%2Fuploads%2F2026%2F06%2Fbitcoin-holds-above-59-1k-low-as-short-term-charts-signal-oversold-bounce-setup_nwmk-760x428.png&amp;w=48&amp;q=75 48w, \/_next\/image\/?url=https%3A%2F%2Fstatic.news.bitcoin.com%2Fwp-content%2Fuploads%2F2026%2F06%2Fbitcoin-holds-above-59-1k-low-as-short-term-charts-signal-oversold-bounce-setup_nwmk-760x428.png&amp;w=64&amp;q=75 64w, \/_next\/image\/?url=https%3A%2F%2Fstatic.news.bitcoin.com%2Fwp-content%2Fuploads%2F2026%2F06%2Fbitcoin-holds-above-59-1k-low-as-short-term-charts-signal-oversold-bounce-setup_nwmk-760x428.png&amp;w=128&amp;q=75 128w, \/_next\/image\/?url=https%3A%2F%2Fstatic.news.bitcoin.com%2Fwp-content%2Fuploads%2F2026%2F06%2Fbitcoin-holds-above-59-1k-low-as-short-term-charts-signal-oversold-bounce-setup_nwmk-760x428.png&amp;w=256&amp;q=75 256w, \/_next\/image\/?url=https%3A%2F%2Fstatic.news.bitcoin.com%2Fwp-content%2Fuploads%2F2026%2F06%2Fbitcoin-holds-above-59-1k-low-as-short-term-charts-signal-oversold-bounce-setup_nwmk-760x428.png&amp;w=384&amp;q=75 384w, \/_next\/image\/?url=https%3A%2F%2Fstatic.news.bitcoin.com%2Fwp-content%2Fuploads%2F2026%2F06%2Fbitcoin-holds-above-59-1k-low-as-short-term-charts-signal-oversold-bounce-setup_nwmk-760x428.png&amp;w=640&amp;q=75 640w, \/_next\/image\/?url=https%3A%2F%2Fstatic.news.bitcoin.com%2Fwp-content%2Fuploads%2F2026%2F06%2Fbitcoin-holds-above-59-1k-low-as-short-term-charts-signal-oversold-bounce-setup_nwmk-760x428.png&amp;w=828&amp;q=75 828w, \/_next\/image\/?url=https%3A%2F%2Fstatic.news.bitcoin.com%2Fwp-content%2Fuploads%2F2026%2F06%2Fbitcoin-holds-above-59-1k-low-as-short-term-charts-signal-oversold-bounce-setup_nwmk-760x428.png&amp;w=1080&amp;q=75 1080w, \/_next\/image\/?url=https%3A%2F%2Fstatic.news.bitcoin.com%2Fwp-content%2Fuploads%2F2026%2F06%2Fbitcoin-holds-above-59-1k-low-as-short-term-charts-signal-oversold-bounce-setup_nwmk-760x428.png&amp;w=1200&amp;q=75 1200w, \/_next\/image\/?url=https%3A%2F%2Fstatic.news.bitcoin.com%2Fwp-content%2Fuploads%2F2026%2F06%2Fbitcoin-holds-above-59-1k-low-as-short-term-charts-signal-oversold-bounce-setup_nwmk-760x428.png&amp;w=1920&amp;q=75 1920w\" src=\"https:\/\/news.bitcoin.com\/_next\/image\/?url=https%3A%2F%2Fstatic.news.bitcoin.com%2Fwp-content%2Fuploads%2F2026%2F06%2Fbitcoin-holds-above-59-1k-low-as-short-term-charts-signal-oversold-bounce-setup_nwmk-760x428.png&amp;w=1920&amp;q=75\"\/><\/p>\n<h3 class=\"absolute inset-x-0 bottom-0 m-0 p-3 text-xl font-bold capitalize leading-[1.17] tracking-[-0.4px] !text-white\">Bitcoin Holds Above $59.1K Low as Short-Term Charts Signal Oversold Bounce Setup<\/h3>\n<\/div>\n<div class=\"flex flex-col gap-2.5 px-1 pt-2.5 pb-1\">\n<p class=\"m-0 line-clamp-2 text-xs leading-[1.3] !text-[#67656E]\">Bitcoin (BTC) is trading at $61,822 on June 7, 2026, at 8:35 a.m. EDT, caught between a deeply oversold momentum\u2026<\/p>\n<p><span aria-hidden=\"true\" class=\"flex items-center justify-center rounded-pill bg-[#4169E1] text-sm font-medium text-white h-[38px] w-full\">Read Now<\/span><\/div>\n<p><\/a><a aria-label=\"Read Now: Bitcoin Holds Above $59.1K Low as Short-Term Charts Signal Oversold Bounce Setup\" class=\"block overflow-hidden rounded-lg !bg-[#E8EDFA] p-[9px] no-underline focus-visible:outline-none focus-visible:ring-2 focus-visible:ring-[#4169E1] focus-visible:ring-offset-2 hidden md:flex md:flex-row md:gap-3 lg:hidden\" href=\"https:\/\/news.bitcoin.com\/bitcoin-holds-above-59-1k-low-as-short-term-charts-signal-oversold-bounce-setup\/\"><\/p>\n<div class=\"relative size-[150px] min-w-[150px] shrink-0 overflow-hidden rounded-[15px]\"><img alt=\"Bitcoin Holds Above $59.1K Low as Short-Term Charts Signal Oversold Bounce Setup\" loading=\"lazy\" decoding=\"async\" data-nimg=\"fill\" class=\"object-cover\" style=\"position:absolute;height:100%;width:100%;left:0;top:0;right:0;bottom:0;color:transparent\" sizes=\"150px\" srcset=\"\/_next\/image\/?url=https%3A%2F%2Fstatic.news.bitcoin.com%2Fwp-content%2Fuploads%2F2026%2F06%2Fbitcoin-holds-above-59-1k-low-as-short-term-charts-signal-oversold-bounce-setup_nwmk-150x150.png&amp;w=32&amp;q=75 32w, \/_next\/image\/?url=https%3A%2F%2Fstatic.news.bitcoin.com%2Fwp-content%2Fuploads%2F2026%2F06%2Fbitcoin-holds-above-59-1k-low-as-short-term-charts-signal-oversold-bounce-setup_nwmk-150x150.png&amp;w=48&amp;q=75 48w, \/_next\/image\/?url=https%3A%2F%2Fstatic.news.bitcoin.com%2Fwp-content%2Fuploads%2F2026%2F06%2Fbitcoin-holds-above-59-1k-low-as-short-term-charts-signal-oversold-bounce-setup_nwmk-150x150.png&amp;w=64&amp;q=75 64w, \/_next\/image\/?url=https%3A%2F%2Fstatic.news.bitcoin.com%2Fwp-content%2Fuploads%2F2026%2F06%2Fbitcoin-holds-above-59-1k-low-as-short-term-charts-signal-oversold-bounce-setup_nwmk-150x150.png&amp;w=128&amp;q=75 128w, \/_next\/image\/?url=https%3A%2F%2Fstatic.news.bitcoin.com%2Fwp-content%2Fuploads%2F2026%2F06%2Fbitcoin-holds-above-59-1k-low-as-short-term-charts-signal-oversold-bounce-setup_nwmk-150x150.png&amp;w=256&amp;q=75 256w, \/_next\/image\/?url=https%3A%2F%2Fstatic.news.bitcoin.com%2Fwp-content%2Fuploads%2F2026%2F06%2Fbitcoin-holds-above-59-1k-low-as-short-term-charts-signal-oversold-bounce-setup_nwmk-150x150.png&amp;w=384&amp;q=75 384w, \/_next\/image\/?url=https%3A%2F%2Fstatic.news.bitcoin.com%2Fwp-content%2Fuploads%2F2026%2F06%2Fbitcoin-holds-above-59-1k-low-as-short-term-charts-signal-oversold-bounce-setup_nwmk-150x150.png&amp;w=640&amp;q=75 640w, \/_next\/image\/?url=https%3A%2F%2Fstatic.news.bitcoin.com%2Fwp-content%2Fuploads%2F2026%2F06%2Fbitcoin-holds-above-59-1k-low-as-short-term-charts-signal-oversold-bounce-setup_nwmk-150x150.png&amp;w=828&amp;q=75 828w, \/_next\/image\/?url=https%3A%2F%2Fstatic.news.bitcoin.com%2Fwp-content%2Fuploads%2F2026%2F06%2Fbitcoin-holds-above-59-1k-low-as-short-term-charts-signal-oversold-bounce-setup_nwmk-150x150.png&amp;w=1080&amp;q=75 1080w, \/_next\/image\/?url=https%3A%2F%2Fstatic.news.bitcoin.com%2Fwp-content%2Fuploads%2F2026%2F06%2Fbitcoin-holds-above-59-1k-low-as-short-term-charts-signal-oversold-bounce-setup_nwmk-150x150.png&amp;w=1200&amp;q=75 1200w, \/_next\/image\/?url=https%3A%2F%2Fstatic.news.bitcoin.com%2Fwp-content%2Fuploads%2F2026%2F06%2Fbitcoin-holds-above-59-1k-low-as-short-term-charts-signal-oversold-bounce-setup_nwmk-150x150.png&amp;w=1920&amp;q=75 1920w\" src=\"https:\/\/news.bitcoin.com\/_next\/image\/?url=https%3A%2F%2Fstatic.news.bitcoin.com%2Fwp-content%2Fuploads%2F2026%2F06%2Fbitcoin-holds-above-59-1k-low-as-short-term-charts-signal-oversold-bounce-setup_nwmk-150x150.png&amp;w=1920&amp;q=75\"\/><\/p>\n<div class=\"absolute left-2 top-2\"><img alt=\"Bitcoin.com News\" loading=\"lazy\" width=\"28\" height=\"28\" decoding=\"async\" data-nimg=\"1\" class=\"size-7\" style=\"color:transparent\" srcset=\"\/_next\/image\/?url=%2Fimages%2Fuploads%2Fbitcoin_news_newlogo.svg&amp;w=32&amp;q=75 1x, \/_next\/image\/?url=%2Fimages%2Fuploads%2Fbitcoin_news_newlogo.svg&amp;w=64&amp;q=75 2x\" src=\"https:\/\/news.bitcoin.com\/_next\/image\/?url=%2Fimages%2Fuploads%2Fbitcoin_news_newlogo.svg&amp;w=64&amp;q=75\"\/><\/div>\n<\/div>\n<div class=\"flex min-w-0 flex-1 flex-col justify-between gap-2\">\n<h3 class=\"m-0 line-clamp-3 text-xl font-bold capitalize leading-[1.17] tracking-[-0.4px] !text-[#1C1C1C]\">Bitcoin Holds Above $59.1K Low as Short-Term Charts Signal Oversold Bounce Setup<\/h3>\n<p class=\"m-0 line-clamp-2 text-sm leading-[1.3] !text-[#67656E]\">Bitcoin (BTC) is trading at $61,822 on June 7, 2026, at 8:35 a.m. EDT, caught between a deeply oversold momentum\u2026<\/p>\n<p><span aria-hidden=\"true\" class=\"flex items-center justify-center rounded-pill bg-[#4169E1] text-sm font-medium text-white h-[38px] w-full\">Read Now<\/span><\/div>\n<p><\/a><a aria-label=\"Read Now: Bitcoin Holds Above $59.1K Low as Short-Term Charts Signal Oversold Bounce Setup\" class=\"block overflow-hidden rounded-lg !bg-[#E8EDFA] p-[9px] no-underline focus-visible:outline-none focus-visible:ring-2 focus-visible:ring-[#4169E1] focus-visible:ring-offset-2 hidden lg:flex lg:flex-row lg:gap-4\" href=\"https:\/\/news.bitcoin.com\/bitcoin-holds-above-59-1k-low-as-short-term-charts-signal-oversold-bounce-setup\/\"><\/p>\n<div class=\"relative size-[150px] min-w-[150px] shrink-0 overflow-hidden rounded-[15px]\"><img alt=\"Bitcoin Holds Above $59.1K Low as Short-Term Charts Signal Oversold Bounce Setup\" loading=\"lazy\" decoding=\"async\" data-nimg=\"fill\" class=\"object-cover\" style=\"position:absolute;height:100%;width:100%;left:0;top:0;right:0;bottom:0;color:transparent\" sizes=\"150px\" srcset=\"\/_next\/image\/?url=https%3A%2F%2Fstatic.news.bitcoin.com%2Fwp-content%2Fuploads%2F2026%2F06%2Fbitcoin-holds-above-59-1k-low-as-short-term-charts-signal-oversold-bounce-setup_nwmk-150x150.png&amp;w=32&amp;q=75 32w, \/_next\/image\/?url=https%3A%2F%2Fstatic.news.bitcoin.com%2Fwp-content%2Fuploads%2F2026%2F06%2Fbitcoin-holds-above-59-1k-low-as-short-term-charts-signal-oversold-bounce-setup_nwmk-150x150.png&amp;w=48&amp;q=75 48w, \/_next\/image\/?url=https%3A%2F%2Fstatic.news.bitcoin.com%2Fwp-content%2Fuploads%2F2026%2F06%2Fbitcoin-holds-above-59-1k-low-as-short-term-charts-signal-oversold-bounce-setup_nwmk-150x150.png&amp;w=64&amp;q=75 64w, \/_next\/image\/?url=https%3A%2F%2Fstatic.news.bitcoin.com%2Fwp-content%2Fuploads%2F2026%2F06%2Fbitcoin-holds-above-59-1k-low-as-short-term-charts-signal-oversold-bounce-setup_nwmk-150x150.png&amp;w=128&amp;q=75 128w, \/_next\/image\/?url=https%3A%2F%2Fstatic.news.bitcoin.com%2Fwp-content%2Fuploads%2F2026%2F06%2Fbitcoin-holds-above-59-1k-low-as-short-term-charts-signal-oversold-bounce-setup_nwmk-150x150.png&amp;w=256&amp;q=75 256w, \/_next\/image\/?url=https%3A%2F%2Fstatic.news.bitcoin.com%2Fwp-content%2Fuploads%2F2026%2F06%2Fbitcoin-holds-above-59-1k-low-as-short-term-charts-signal-oversold-bounce-setup_nwmk-150x150.png&amp;w=384&amp;q=75 384w, \/_next\/image\/?url=https%3A%2F%2Fstatic.news.bitcoin.com%2Fwp-content%2Fuploads%2F2026%2F06%2Fbitcoin-holds-above-59-1k-low-as-short-term-charts-signal-oversold-bounce-setup_nwmk-150x150.png&amp;w=640&amp;q=75 640w, \/_next\/image\/?url=https%3A%2F%2Fstatic.news.bitcoin.com%2Fwp-content%2Fuploads%2F2026%2F06%2Fbitcoin-holds-above-59-1k-low-as-short-term-charts-signal-oversold-bounce-setup_nwmk-150x150.png&amp;w=828&amp;q=75 828w, \/_next\/image\/?url=https%3A%2F%2Fstatic.news.bitcoin.com%2Fwp-content%2Fuploads%2F2026%2F06%2Fbitcoin-holds-above-59-1k-low-as-short-term-charts-signal-oversold-bounce-setup_nwmk-150x150.png&amp;w=1080&amp;q=75 1080w, \/_next\/image\/?url=https%3A%2F%2Fstatic.news.bitcoin.com%2Fwp-content%2Fuploads%2F2026%2F06%2Fbitcoin-holds-above-59-1k-low-as-short-term-charts-signal-oversold-bounce-setup_nwmk-150x150.png&amp;w=1200&amp;q=75 1200w, \/_next\/image\/?url=https%3A%2F%2Fstatic.news.bitcoin.com%2Fwp-content%2Fuploads%2F2026%2F06%2Fbitcoin-holds-above-59-1k-low-as-short-term-charts-signal-oversold-bounce-setup_nwmk-150x150.png&amp;w=1920&amp;q=75 1920w\" src=\"https:\/\/news.bitcoin.com\/_next\/image\/?url=https%3A%2F%2Fstatic.news.bitcoin.com%2Fwp-content%2Fuploads%2F2026%2F06%2Fbitcoin-holds-above-59-1k-low-as-short-term-charts-signal-oversold-bounce-setup_nwmk-150x150.png&amp;w=1920&amp;q=75\"\/><\/p>\n<div class=\"absolute left-2 top-2\"><img alt=\"Bitcoin.com News\" loading=\"lazy\" width=\"28\" height=\"28\" decoding=\"async\" data-nimg=\"1\" class=\"size-7\" style=\"color:transparent\" srcset=\"\/_next\/image\/?url=%2Fimages%2Fuploads%2Fbitcoin_news_newlogo.svg&amp;w=32&amp;q=75 1x, \/_next\/image\/?url=%2Fimages%2Fuploads%2Fbitcoin_news_newlogo.svg&amp;w=64&amp;q=75 2x\" src=\"https:\/\/news.bitcoin.com\/_next\/image\/?url=%2Fimages%2Fuploads%2Fbitcoin_news_newlogo.svg&amp;w=64&amp;q=75\"\/><\/div>\n<\/div>\n<div class=\"flex min-w-0 flex-1 flex-col justify-center gap-2\">\n<p><h3 class=\"m-0 min-w-0 flex-1 line-clamp-2 text-2xl font-bold capitalize leading-[1.17] tracking-[-0.48px] !text-[#1C1C1C]\">Bitcoin Holds Above $59.1K Low as Short-Term Charts Signal Oversold Bounce Setup<\/h3>\n<p><span aria-hidden=\"true\" class=\"flex items-center justify-center rounded-pill bg-[#4169E1] text-sm font-medium text-white h-12 w-[180px] shrink-0\">Read Now<\/span><\/p>\n<p class=\"m-0 line-clamp-2 text-base leading-[1.3] !text-[#67656E]\">Bitcoin (BTC) is trading at $61,822 on June 7, 2026, at 8:35 a.m. EDT, caught between a deeply oversold momentum\u2026<\/p>\n<\/div>\n<p><\/a><\/div>\n<\/div>\n<p><a href=\"https:\/\/news.bitcoin.com\/gold-and-silver-bleed-23-and-44-despite-us-iran-war-and-rising-cpi\/\">Source link <\/a><br \/>\n<br \/><\/p>\n","protected":false},"excerpt":{"rendered":"<p>(Originally posted on : Bitcoin News ) Key Takeaways Gold fell 23% from its January 2026 high of $5,608\/oz to $4,331 on June 5, 2026. Kevin Warsh\u2019s Fed and a 172,000 May payrolls beat pushed rate-hike odds higher, pressuring metals. Central banks added roughly 19 tonnes of gold in April, but Western outflows continued driving [&hellip;]<\/p>\n","protected":false},"author":19,"featured_media":73686,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"om_disable_all_campaigns":false,"_monsterinsights_skip_tracking":false,"_monsterinsights_sitenote_active":false,"_monsterinsights_sitenote_note":"","_monsterinsights_sitenote_category":0},"categories":[32],"tags":[],"_links":{"self":[{"href":"https:\/\/crowdfundjunction.com\/blog\/wp-json\/wp\/v2\/posts\/73685"}],"collection":[{"href":"https:\/\/crowdfundjunction.com\/blog\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/crowdfundjunction.com\/blog\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/crowdfundjunction.com\/blog\/wp-json\/wp\/v2\/users\/19"}],"replies":[{"embeddable":true,"href":"https:\/\/crowdfundjunction.com\/blog\/wp-json\/wp\/v2\/comments?post=73685"}],"version-history":[{"count":0,"href":"https:\/\/crowdfundjunction.com\/blog\/wp-json\/wp\/v2\/posts\/73685\/revisions"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/crowdfundjunction.com\/blog\/wp-json\/wp\/v2\/media\/73686"}],"wp:attachment":[{"href":"https:\/\/crowdfundjunction.com\/blog\/wp-json\/wp\/v2\/media?parent=73685"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/crowdfundjunction.com\/blog\/wp-json\/wp\/v2\/categories?post=73685"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/crowdfundjunction.com\/blog\/wp-json\/wp\/v2\/tags?post=73685"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}