Correction in Crypto and Gold Markets!
Retracements were also observed in the cryptocurrency market. Bitcoin (BTC) continued its downtrend over the past week, falling 2.5% to $105,180. Ethereum (ETH) is trading at $2,619.
Gold prices declined similarly. Spot gold fell to $3,296, while the price per gram of 24-carat gold in India fell to 9,704 rupees. However, technical indicators suggest that gold may test the $3,300 resistance.
These corrections in the markets show that investors continue to act cautiously.
