Bitcoin fell 7% indicating that macro pressures are continuously rising, and the market is readjusting.
With the increase in safe-haven fund flows, gold prices remain just 2% away from historical highs. Macroeconomic fear and uncertainty (FUD) have returned to the discussion, but to be honest, it never really disappeared. Conversely, Bitcoin [BTC] has once again become the target.
After three days of deep deleveraging, the discussion of "Is there a risk with 100,000 dollars?" has become active again.
However, BTC did not continue to fall for long. It rebounded strongly by 3%, testing the 105,000 USD threshold again, and this trend does not appear to be a fleeting one.
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Bitcoin fell 7% indicating that macro pressures are continuously rising, and the market is readjusting.
With the increase in safe-haven fund flows, gold prices remain just 2% away from historical highs.
Macroeconomic fear and uncertainty (FUD) have returned to the discussion, but to be honest, it never really disappeared. Conversely, Bitcoin [BTC] has once again become the target.
After three days of deep deleveraging, the discussion of "Is there a risk with 100,000 dollars?" has become active again.
However, BTC did not continue to fall for long. It rebounded strongly by 3%, testing the 105,000 USD threshold again, and this trend does not appear to be a fleeting one.