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05:28

Bitcoin stabilizes above $70,000, IEA may release the largest-ever crude oil reserves, global risk asset sentiment improves

Bitcoin recently broke through $70,000 again, influenced by changes in the energy market. Its price once reached $71,612 before falling back to $70,036. The market sentiment is related to discussions with the International Energy Agency about releasing strategic oil reserves, and the decline in Brent crude oil prices is seen as a signal to reduce inflation pressure. The market is focused on the Federal Reserve policy meeting, with expectations that if oil prices remain below $90, it will create room for interest rate cuts.
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BTC0,97%
ETH1,69%
BNB0,99%
XRP-0,92%
14:23

Global gold ETF net inflow of $5.3 billion in February

On March 5th, the World Gold Council announced that in February, global gold ETF net inflows reached $5.3 billion, marking the ninth consecutive month of capital inflows and setting a record for the best start ever. The total gold asset management scale reached $701 billion, with holdings amounting to 4,171 tons. North America and Asia are the main regions for capital inflows, while Europe experienced outflows due to a selling wave.
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