Breaking 🚨
Gold 🌟is dominating the market, hitting record highs above $4400, driven by rate cut expectations, geopolitical uncertainty, and central bank buying. Meanwhile, Bitcoin is struggling to break above $90,000 and is down over 5%.
Gold's trend is bullish, and its strength may continue. Bitcoin, on the other hand, is acting like a risk asset and needs to reclaim $90,000 to regain momentum. If it breaks below $84,000-$86,000, it could face more pressure.
Defensive assets like gold are leading, while crypto is waiting for its next move.
BTC
93,790.52
+0.92%