$BTC

$XAU

Why? Why hasn't the market risen?

In short

Because the dollar is rising

And energy and oil prices are rising

This means inflation is rising

This means no interest rate cuts in the near term

This means a stronger dollar pressures metal prices, hence slight increases

If the rise in oil and energy prices continues, industrial demand for metals like silver and copper will decrease, consequently lowering their prices

And the strong dollar limits gold gains

As for Bitcoin, it is no longer a safe haven and liquidity is scarce

Despite this, there is a recent rise before the big bottom

And God knows best