The post Gold and Silver Hit New ATHs, But Why is Bitcoin Falling? appeared first on Coinpedia Fintech News
Gold and silver climbed to fresh all-time highs this week as the U.S. dollar weakened amid rising tensions between Jerome Powell and Donald Trump. The dispute has raised concerns over the Federal Reserve’s independence, pushing investors toward traditional safety assets. Gold traded near $4,600 per ounce, while silver jumped more than 5% to above $84 per ounce, both record levels.
Bitcoin fails to hold early gains
While metals rallied, Bitcoin moved lower. The price rose above $92,000 but slipped below $91,000 and drifted closer to $90,000. The pullback came alongside weaker equity markets, as investors reduced exposure to risk assets.
Big Bitcoin buy fails to lift prices
Bitcoin’s decline comes despite a major purchase by Strategy, led by executive chairman Michael Saylor. The company bought $1.25 billion worth of Bitcoin, one of its largest purchases and its fi
We współpracy z: https://coinpedia.org/news/gold-and-silver-hit-new-aths-but-why-is-bitcoin-falling/
