Bitcoin continued to trade below the $90,000 level as global investors rotated deeper into traditional safe-haven assets. Gold and silver were part of that shift, underscoring a broader bid for hedges in a risk-off environment.
Bitcoin remained under the $90,000 level as risk-off sentiment rose and traditional safe-haven assets attracted buyers. The shift coincided with a rally in gold and silver, illustrating a broader bid for hedges amid ongoing market volatility.
The move highlights hedging behavior among traders as macro uncertainty weighs on crypto sentiment. As investors rotate into established stores of value, bitcoin faces renewed pressure around key support levels.
Gold moves toward the $23,000 target, reinforcing the complex interplay between crypto and precious metals in a risk-off environment. Traders will watch price action in coming sessions for signs of a renewed Bitcoin bid or further downside pressure.
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