Analysts at research and brokerage noted that Bitcoin price remains flat and without clear momentum, impacted by slower Bitcoin ETF flows after the 'halving' event and a successful ETF launch. 

Even with the recent slowdown, Bernstein is still betting on Bitcoin price to hit $150,000 by 2025 thanks to strong ETF demand inflows. 

The U.S. dollar drifted lower Friday, ahead of the release of key U.S. inflation data, which could drive sentiment with the Federal Reserve meeting next week.

At 04:55 ET (08:55 GMT), the Dollar Index, which tracks the greenback against a basket of six other currencies, traded 0.1% lower at 105.395, having climbed to 106.00 on Thursday. 

Gold snapped a five-week wining streak Friday, but the yellow metal's bullish run likely isn't over yet as tailwinds including central bank demand have more room to go just as the tide of outflows from gold exchange traded funds are starting to turn.  

Gold prices rose 0.3% to $2,348.75, but took heavy losses earlier this week following easing Middle East tensions after Iran-Israel showed little appetite to escalate their tit-for-tat exchange.  

Prominent crypto analyst Ali Martinez has observed a significant decline in Bitcoin whale activity since March 14, sparking speculation about its potential impact on BTC price. Martinez's analysis, supported by accompanying charts, reveals a notable drop in transactions involving sums exceeding $100,000, following Bitcoin's surge to a new high of $73,750 per BTC.

Data from Martinez's charts highlights that over the past 24 hours, transactions above $100,000 amounted to 2,896, with those surpassing $1 million totaling 521. Prior to Bitcoin's peak, whale activity exhibited a proportional increase, peaking at around 4,500 daily transactions valued at a million dollars or more, and approximately 24,500 transactions exceeding $100,000.

Oil prices were steady on Thursday as concern about fuel demand after slower-than-expected U.S. economic growth was offset by worries of supply disruptions as Israel stepped up airstrikes on Gaza's Rafah.

Brent crude futures rose 20 cents, or 0.2%, to $88.22 a barrel by 1:30 p.m. ET (1730 GMT) while U.S. West Texas Intermediate crude futures was flat at $82.81.

The U.S. dollar eased against most currencies on Thursday in tight seesaw trade after data showed the economy grew at a surprisingly slow pace and inflation came in hotter than expected in the first quarter, potentially tying the Federal Reserve's hands on easing interest rates in coming months.

While the dollar was hardly shaken against the beleaguered yen, it otherwise saw only a brief gain after the Commerce Department reported that U.S. gross domestic product grew at a 1.6% annualized rate in the January-March period, slower than the 2.4% rate expected by economists polled by Reuters.

Gold prices fell in Asian trade on Thursday and were close to breaking below key levels as waning safe haven demand and the prospect of higher-for-longer U.S. interest rates battered the yellow metal.

Bullion prices were nursing a sharp drop from record highs over the past week, as a potential conflict between Iran and Israel did not escalate as markets were fearing. This largely dented safe haven demand for the yellow metal.

Oil prices fell to weekly loss despite settling higher in volatile trade Friday as investors cooled bets on a wider Middle East conflict after Isreal launched measured attacks on Iran and the latter signaled little appetite to escalated the tit-for-tat skirmish. 

At 14:30 ET (18:30 GMT), West Texas Intermediate crude futures rose 0.5% to $83.14 a barrel, while Brent oil futures rose 0.3% to $87.33 a barrel. Both contracts ended the week about 3% lower as a stronger dollar on expectations for higher for longer U.S. interest rates weighed. 

The U.S. dollar handed back early gains Wednesday in volatile action, as traders digested the reported Israeli strikes against Iranian sites and the impact on risk appetite.

At 05:25 ET (09:25 GMT), the Dollar Index, which tracks the greenback against a basket of six other currencies, traded 0.1% lower at 105.870, having earlier climbed as high as 106.190, just marginally below the five-month peak of 106.51 seen earlier in the week. 

Gold prices surged in Asian trade on Friday, coming close to record highs after reports of Israeli strikes on Iran ramped up demand for safe havens, especially in the face of worsening conditions in the Middle East. 

Spot gold rose as high as $2,417.79 an ounce, while gold futures expiring in June rose as far as $2,433.0 an ounce. Spot prices were just below record highs of $2,430.96 an ounce hit last week.