China’s gold buying frenzy sends ripples through crypto markets as Bitcoin holds above $87K

21-4-2025 – The People’s Bank of China has intensified its bullion acquisition efforts, amassing an additional five tonnes of gold reserves within the past month. This strategic manoeuvre has sparked unexpected ripples across the cryptocurrency market, with Bitcoin maintaining robust performance above the $87,000 threshold. The cryptocurrency market has demonstrated remarkable resilience amidst complex geopolitical [. source: https://www.cointrackdaily.com/chinas-gold-buying-frenzy-sends-ripples-through-crypto-markets-as-bitcoin-holds-above-87k/