JPMorgan reports that gold and silver prices have dropped sharply due to ETF outflows, profit-taking, and deteriorating liquidity, while bitcoin has shown resilience with net inflows and stabilizing momentum amid geopolitical tensions. Gold ETFs saw nearly $11 billion in outflows in early March, and institutional investors have cut positions in precious metals, contrasting with stable bitcoin futures positioning and recovering momentum. This suggests bitcoin is acting more like a high-beta macro asset rather than a pure safe haven, maintaining support despite initial sell-offs triggered by geopolitical stress. Gold and silver continue to face pressure from rising interest rates and a stronger U.S. dollar, while bitcoin's liquidity and market depth remain comparatively stronger.
Bitcoin traded near $64,500 as trading volume declined and market sentiment remained cautious despite stable on-chain activity and exchange outflows. The Crypto Fear & Greed Index stayed at 'extreme fear,' indicating low investor confidence. While tr...
Bitcoin's price slightly fell to $64,164, reflecting broader market caution as equity indices and financial indicators like the US 10-year yield and DXY suggest tighter conditions. Meanwhile, Ethereum gained 2.09% to $1,908, showing selective investo...
Bitcoin recently rallied to $65,086, its highest close since late June, driven mainly by softer US inflation data that lowered expectations for Federal Reserve rate hikes. However, Bitfinex reports that this rally lacks sustained spot buying and depe...
Veteran trader Peter Brandt has identified a potential "inverted head and shoulders" bottom pattern in Bitcoin's price, suggesting a possible shift in momentum. However, he cautions that the pattern is unconventional and not yet confirmed. Meanwhile,...
Ethereum rose 3.17% to $1,923.53, outperforming Bitcoin's modest 0.18% gain to $64,588.87, signaling an early rotation toward large-cap altcoins. Despite this, overall market activity slowed, with declines in DeFi, stablecoin, and derivatives trading...
