Gold has experienced a drastic drop of 6.8%, marking its steepest decline in over a decade. This drop correlates with a substantial infusion of 1 billion USDT into the crypto market, indicating a shift in investor sentiment towards cryptocurrencies.
Institutions are showing growing confidence in crypto, particularly Bitcoin and Ethereum, with 619 million USD flowing into ETFs. Despite broader market declines, these movements hint at a potential recovery phase for the crypto market.
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