Bank of America strategists on Tuesday reiterated their view that gold prices could hit $3,000 next year.

Oil prices fell on Wednesday, extending a plunge of more than 4% the previous day, on expectations that a political dispute halting Libyan exports could be resolved and concerns over lower global demand growth.

Nvidia (NASDAQ:NVDA) lost about about $279 billion in value on Tuesday after the artificial intelligence chip giant suffered a major selloff as investors hit pause on the AI trade. 

In a recent X thread, the experts at Spot On Chain, the AI-powered on-chain analytics platform, have offered their insights on why Bitcoin could see a positive September this year.

U.S. oil futures opened modestly higher with the Crude Oil WTI Futures crude oil futures trading about 0.3% higher at $70.32.

The U.S. dollar reached a two-week peak compared to the euro, with investors preparing for a week filled with crucial data, including the U.S. payrolls report due on Friday.