The market plummeted overnight – gold rebounded, but Bitcoin remained indifferent
Affected by geopolitical tensions and risk aversion, the price of Bitcoin plummeted by more than 5% to $83,400, failing to rebound like gold or stocks. While gold has experienced a historic V-shaped rally and silver prices have risen sharply, Bitcoin's weakness has highlighted the ongoing outflow of spot ETFs and declining institutional investor interest, questioning its claim of "digital gold" in market stress tests. $BTC
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The market plummeted overnight – gold rebounded, but Bitcoin remained indifferent
Affected by geopolitical tensions and risk aversion, the price of Bitcoin plummeted by more than 5% to $83,400, failing to rebound like gold or stocks. While gold has experienced a historic V-shaped rally and silver prices have risen sharply, Bitcoin's weakness has highlighted the ongoing outflow of spot ETFs and declining institutional investor interest, questioning its claim of "digital gold" in market stress tests. $BTC