- Gold price has dropped to $5,007.70 per ounce.
- The US Dollar has reached 97.008 on the Index.
- Cryptocurrencies have moved within a specific range.
Gold and silver prices have come down. The US Dollar has gotten stronger against the basket. All this while cryptocurrencies have maintained a steady momentum despite volatility in the market. Interestingly, JPMorgan has earlier flagged that lower volatility could make bitcoin more attractive in the long-term.
Gold and US Dollar
Gold price has slipped by 0.7% to $5,007.70 per ounce, way closer to the $5k mark. The drop comes in the backdrop of the holiday season in China due to the Lunar New Year and an off day in the US markets due to President’s Day. Silver has also dropped by 0.4% to $77.09 per ounce.
Expert comments on Gold and Silver underline a brief pullback for the mid-term target. For instance, Zain Vawda from MarketPulse by OANDA has stated that they’d pull back the said target from $5,500 to $5,100 or $5,200, as reported by Reuters. Vawda further commented on Silver by saying that a sign of a strong economy often reduces its safe-haven appeal…
As for the US Dollar, it has gained 0.12% strength to reach 97.008 on the US Dollar Index. It previously closed at 96.884 and opened at 96.875 with a day’s range of 96.875 and 97.023.
With all this in the picture, the discussion around a rate cut by the US Federal Reserve has again taken the stage; however, it faces a question about services inflation coming out high in the last report.
Range for Cryptocurrencies
Major cryptocurrencies are moving within a specific range – BTC and ETH, to mention a few. BTC may have shed 2.42% of its value in the last 24 hours, but its movement has been between $67k and $72k over the weekend. The flagship token is now trading at $68,687.77, with a market cap of more than $1.37 trillion.
ETH’s range over the weekend was recorded between $2.1k and $1.8k. Ether is now trading at $1,976.11, significantly down by 3.98% in the last 24 hours. Overall, cryptocurrencies have collectively lost 2.47% in the market cap, and the FGI is now 12 points when the article is being drafted.
BTC and Gold, Earlier
JPMorgan earlier underlined that the lower volatility of bitcoin could make it more attractive than Gold in the long term. Even though Gold has outperformed BTC since October, it has also attracted volatility, as per the report. It adds that Bitcoin tokens could rise to almost $266,000 if they were to match the same volatility.
JPMorgan, in another report, expressed its bullish sentiments on cryptocurrencies when the production cost of BTC reportedly dropped to around $77,000.
Highlighted Crypto News Today:
Momentum Ignites: Can MUBARAK Extend Its 11% Breakout Into a Stronger Bullish Phase?
Disclaimer: The information on this page may come from third parties and does not represent the views or opinions of Gate. The content displayed on this page is for reference only and does not constitute any financial, investment, or legal advice. Gate does not guarantee the accuracy or completeness of the information and shall not be liable for any losses arising from the use of this information. Virtual asset investments carry high risks and are subject to significant price volatility. You may lose all of your invested principal. Please fully understand the relevant risks and make prudent decisions based on your own financial situation and risk tolerance. For details, please refer to
Disclaimer.
Related Articles
XRP Breaks Above $1.40 as Spot ETF Inflows Hit $17.6M Milestone
XRP breaks $1.40 after Ripple partnership boosts investor confidence and market momentum.
Spot XRP ETFs record $17.6M inflows, signaling rising institutional demand and interest.
Technical indicators show resistance ahead, with support holding near $1.40 and $1.3840.
Ripple’s XRP is
CryptoNewsLand4h ago
PEPE Reclaims 0.00000400 — Is This 1.8% Move the Start of a Bigger Run?
PEPE rebounds from 0.00000385 support, forming higher lows and stronger bullish structure.
Technical indicators like MACD and RSI show momentum with room for further upside.
Key resistance at 0.00000410; support at 0.00000380 critical for trend continuation.
PepeCoin — PEPE, has
CryptoNewsLand9h ago
ETH drops 0.58% in 15 minutes: derivatives liquidity contraction and proactive position reduction dominate short-term pullback
From 2026-04-19 04:30 to 2026-04-19 04:45 (UTC), within ETH’s 15-minute candlestick chart, the return recorded -0.58%, and the price range was 2321.62 to 2342.04 USDT, with an amplitude of 0.87%. The short-term selloff occurred against a backdrop of increased overall market volatility and a broad decline in the prices of major crypto assets; overall market risk appetite clearly fell, and traders’ wait-and-see sentiment strengthened.
The main driver behind this abnormal move is a sharp contraction in liquidity in the derivatives market and leveraged funds proactively reducing positions. Data shows that over the past 24 hours, the ETH/USD perpetual contract trading volume dropped 67.16% to approximately 74.87 million, open interest edged down 3.33% to 329 million, and liquidation amounts did not expand unusually. This structure indicates that the market lacks the risk of passive cascades; more funds chose to proactively step aside and wait on the sidelines, intensifying short-term selling pressure.
In addition, the long/short structure in which shorts held the upper hand (long/short ratio 47.48%:52.52%) and sentiment synchronization with the panic range reinforced the downward price trend. During the same period, major coins such as BTC and SOL also fell 2%-3.4% in tandem, further showing that this pullback was driven by system-wide risk sentiment. On-chain funds did not show any large abnormal transfers or large-scale liquidations of DeFi protocols; spot and on-chain liquidity remained generally stable, and no sudden system risk resonance was observed.
Current volatility-related risks still need close monitoring, especially as overall risk appetite continues to contract—ETH’s short-term price may face further downside probing. Watch subsequent changes in derivatives trading volume and open interest, extreme shifts in the long/short ratio and funding rate, and promptly monitor on-chain fund flows, large transfers, and any signs of amplified platform net outflows. For more market anomalies and deeper analysis, please continue to follow our upcoming market updates.
GateNews9h ago
Spark Protocol's January delisting of rsETH proves prudent as Aave faces ETH liquidity crisis
Spark Protocol's strategy of delisting low-usage assets and tightening collateral has faced initial backlash but proved wise during market turmoil. While maintaining higher interest rate caps, SparkLend ensures liquidity, unlike Aave, which now faces significant risks.
GateNews10h ago
Request Network (REQ) Surges 23.68% in 15 Minutes, 24-Hour Gain Reaches 116.52%
Request Network (REQ) surged 23.68% in just 15 minutes, reaching $0.152, with a 24-hour rise of 116.52% and trading volume over $8 million. Factors include retail interest and whale accumulation. Resistance at $0.160 and support at $0.122 are under observation.
GateNews11h ago
Solana Price Stalls Near $80 as ETF Outflows Weigh
Solana trades around $80, facing bearish sentiment due to ETF outflows and declining retail participation. Technical indicators show mixed signals, with resistance at $87 and $98, while support at $77 remains critical for stability.
CryptoFrontNews16h ago
