Demand

The gold market is seeing a shift in activity, with central bank buying slowing and demand from exchange-traded funds and gold-backed cryptocurrencies growing. The latter recently moved to a three-year high, as measured by the net minting volume for …

Institutional crypto futures positioning suggests a weakness in demand, the report said.

Bitcoin entered the final stretch of its weekly cycle and could bottom soon, a well-followed trader said.

Selling pressure for Bitcoin has been reduced greatly after realizing daily profits as high as $10 billion as the asset approached $100,000 in December.