Bitcoin fell from $88,000 to $85,000, a roughly 3.5% decline. The move came as gold prices also weakened, suggesting a broader shift in risk appetite across asset classes. Trading around BTC reflected the abrupt price move.
Gold prices fell alongside Bitcoin, reinforcing the synchronous weakness across crypto and precious metals. Investors will be closely watching whether BTC can stabilize at the $85,000 level or test the next support. Bitcoin fell from $88,000 to $85,000, a roughly 3.5% drop, after gold prices also weakened, signaling a cautious mood among investors. The move underscores a broader shift in risk appetite across asset classes and kept BTC around the $85,000 level.
Gold prices slid alongside Bitcoin, reinforcing the synchronized weakness across crypto and precious metals. Traders will be watching whether BTC can stabilize at the $85,000 support or test the next level, with near-term direction likely tied to macro cues. Investors should watch market reaction to this pullback, as the price action suggests heightened risk-off sentiment. If BTC maintains support near $85,000, buyers may reappear; a break below could open a test of deeper support levels.
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