📰 Market Update: Gold Drops, Bitcoin Rallies, USD Weakens

 In the past 24h, gold slid on easing Middle East tensions, Bitcoin surged on risk-on sentiment, and the USD softened following dovish Fed signals.

🟡 Gold Pulls Back Amid Ceasefire Optimism

• Price Movement: Spot gold fell about 0.5% to $3,351.47/oz, hitting a near two-week low after President Trump announced an Israel–Iran ceasefire wsj.com+3fxleaders.com+3reuters.com+3reuters.com+3reuters.com+3reuters.com+3.

Gold prices remain stable

• Analysis: The decline is due to reduced geopolitical risk and diminished safe-haven demand. Ongoing Fed quotes suggesting potential rate cuts further weighed on gold .

₿ Bitcoin Climbs Over 1% on Global Risk Rally

• Price Movement: Bitcoin rose over 1%, trading above $105,000, supported by a broader risk-on move following ceasefire news theaustralian.com.au+4theaustralian.com.au+4economictimes.indiatimes.com+4.

• Analysis: Improved market sentiment boosted demand for risk assets, with Bitcoin and Ether leading gains amid easing global tensions reuters.com+7reuters.com+7economictimes.indiatimes.com+7.

💵 USD Slips on Dovish Fed and Ceasefire Hope

• Market Movement: The U.S. dollar index dropped as traders absorbed dovish Fed comments and positive geopolitical developments investopedia.com.

• Analysis: With the ceasefire calming markets and Fed officials hinting at July rate cuts, the dollar lost safe-haven appeal reuters.com.

📊 Summary Table

Asset	24h Change	Key Drivers
Gold	↓ ~0.5%	Ceasefire news, dovish Fed sentiment
Bitcoin	↑ >1%	Risk-on rally, improved global sentiment
USD	↓ moderate	Fed dovishness, reduced global uncertainty