Gold Prices Slide Below $5,000 as Strong Dollar and Central Bank Outlook Weigh on Metals 
Silver Prices Plunge in Asian Trade as Dollar Strength Triggers Fresh Precious Metals Sell-Off 
FxWirePro: Daily Commodity Tracker - 21st March, 2022 
Thailand Inflation Remains Negative for 10th Straight Month in January 
Gold and Silver Prices Rebound After Volatile Week Triggered by Fed Nomination 
China Extends Gold Buying Streak as Reserves Surge Despite Volatile Prices 
Bank of Japan Signals Readiness for Near-Term Rate Hike as Inflation Nears Target 
Singapore Budget 2026 Set for Fiscal Prudence as Growth Remains Resilient 
BTC/USD: Bitcoin prices continued to fall for the third consecutive day, consolidating around the $8,000 level as investors have turned risk-averse after BTC/USD touched a 2-month high last week, despite a sense of optimism that prevailed around the cryptocurrency market in the past week. At the time of writing, BTC/USD traded 1.46 percent down at $8,060.00. Meanwhile, the near-term resistance is seen at $8,300 and support at $7,790.
ETH/USD: Ethereum prices also remained on the back foot, hitting a 2-week low during European session Tuesday after crypto bulls remained shaky in a topsy-turvy movement since past few months. At the time of writing, ETH/USD traded nearly 4 percent down at $438.66. Meanwhile, the near-term resistance is seen at $448 and support at $417.
XRP/USD: Cryptocurrency bears are back in the market again, with total market capitalization falling further after a sell-off sparked once again, following the SEC’s rejection of the Winklevoss ETF. The Ripple, was not spared either after a week of steady performance. At the time of writing, XRP/USD traded 2.35 percent down at $0.43548. Meanwhile, the near-term resistance is seen at $0.4705 and support at $0.4300.
BCH/USD: Bitcoin Cash, too witnessed the stains of losses, slumping beyond 3 percent, as cues from Winklevoss ETF rejection by the SEC continued to dominate market sentiments. At the time of writing, BCH/USD traded 3.21 percent down at $788.6. Meanwhile, the near-term resistance is seen at $448 and support at $417.
EOS/USD: EOS also tested a 2-week low on Tuesday, tracking pessimism in global cryptocurrency markets and a panic sell-off across major crypto pairs. According to latest media reports, the EOS has off late witnessed a bumper rise in transaction volume, reportedly caused due to a spam attack from a smart contract called Blocktwitter. At the time of writing, EOS/USD plunged 6 percent to $7.3130. Meanwhile, the near-term resistance is seen at $820 and support at $780.
