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The crypto market was in consolidation mode on Tuesday as Bitcoin continued to hold above $63,000, most altcoins recorded minor declines, and stocks finished flat. - Gold’s new consolidation phase is creating an opportunity for investors to increase their exposure to the precious metal and the undervalued mining sector, according to one fund manager.
– Gold prices continue to face headwinds from elevated bond yields, while silver is set to benefit from the global 5G rollout for years to come, according to analysts at Heraeus.Crypto funds recorded $251 million in outflows last week, the fourth consecutive week of losses, but on-chain data suggests that the trend may soon reverse, and prices could follow suit.
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Source: KitcoNewsNOW - 🏆 13. / 78 Read more »