Investors are comparing Bitcoin
BTC
$82 413
24h volatility:
6.1%
Market cap:
$1.65 T
Vol. 24h:
$90.77 B
and gold as macro and geopolitical tensions impact both assets, triggering significant liquidations.
Gold recorded an all-time high of $5,608 per ounce on Jan. 29, according to Trading Economics data.
However, the asset, with a market cap of just over $36 trillion, fell by 4.7% over the past day to $5,180.
Macro Pressures Weigh on Bitcoin and Gold
Bitcoin has been on a downward spiral since the US Fed’s interest rate decision, which remained unchanged on Jan. 28.
The leading cryptocurrency fell 6.25% in 24 hours and is trading at $82,600 at the time of writing.
Since the Fed signaled no urgency for cutting the i
We współpracy z: https://www.coinspeaker.com/crypto-selloff-explained-bitcoin-vs-gold-and-275k-traders-affected/
