Bitcoin price fell below $80,000 for the first time since April 2025.
Nevertheless, Bitcoin’s performance still outpaced gold.
Bitcoin declined along with risk assets, but its losses were much smaller than those of precious metals.
This relative strength drew new participants into the market.
Gold is traditionally regarded as an inflation hedge, but Bitcoin showed stronger short-term resilience.
Investors’ behavior reflects this shift.
In recent periods of volatility, funds have flowed into Bitcoin rather than gold.
New addresses on the Bitcoin network surged in the last 24 hours.
Approximately 335,772 new addresses were created, the highest in about two months.
This uptick typically signals expanding market adoption and renewed interest.
Sell-side pressure intensified after Bitcoin breached the $82,503 support.
However, recovering above that level could improve sentiment.
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