Gold and Silver Prices Turn Parabolic in One Day: Will Bitcoin Mirror the Move?

Bitcoin Lacks Strength for $80K Retest as Gold, Silver Edge Higher – #CryptoUpdatesGNIT

Bitcoin (BTC) returned to range-bound moves on Tuesday as gold returned near the key $5,000 mark. Key points: Bitcoin trades sideways as gold and silver attempt to reclaim prior losses. Analysis remains split over how the Bitcoin versus gold relationship will play out next. Bitwise CIO says that the latest “crypto winter” is closer to over. $80,000 Bitcoin price stays out of reach Data from TradingView showed BTC price action shying away from a …

Gold Rises As Bitcoin Stumbles

Gold is climbing while bitcoin is losing altitude. On Thursday, the cryptocurrency fell almost 7% to under $84,000, its weakest level since November, according to Messari. The move snapped weeks of drifting prices. It also renewed an old market debate: which asset is behaving more like a safe haven right now. “While bitcoin was dubbed ‘digital gold,’ it’s analog gold that has seen its price mostly go up these days.” The shift comes as investors…

Bitcoin Struggles to Reclaim $80K as Gold and Silver Rally

Bitcoin (BTC CRYPTO: BTC) drifted in a narrow corridor on Tuesday as bullion attempts to reclaim losses and risk sentiment remains mixed. The session underscored a cautious stance among traders who are weighing whether the traditional gold narrative can coexist with a staunchly range-bound crypto market, or if a shift in dynamics will spark the next leg higher for digital assets. While Bitcoin held its ground, gold and silver tried to steady aft…

Gold and Silver Prices Turn Parabolic in One Day: Will Bitcoin Mirror the Move?

Gold and silver prices experienced a powerful bounce-back on Tuesday, following a tumultuous period marked by a significant selloff. After suffering major losses in recent days, the precious metals staged an impressive recovery.  Will the Bitcoin price follow the recovery? Both prices shot up, with gold increasing by 7% and silver by 13% in a The post Gold and Silver Prices Turn Parabolic in One Day: Will Bitcoin Mirror the Move? appeared first …