Bitcoin is currently facing market pressure. š This comes as gold and silver have reached new record highs, attracting significant investor capital. This shift indicates a broader reallocation of funds across financial markets.
Institutional investors are notably moving towards precious metals and AI-related infrastructure. š° This trend is also benefiting crypto miners who are strategically diversifying into high-performance computing (HPC) services.
Further adding to market caution is the significant upcoming expiry of $27.4 billion in Bitcoin and Ether options. šļø This event often contributes to increased volatility and uncertainty in the short term.
