Bitcoin's price fell below $108,000, marking a 3.23% decline in the past 24 hours, as reported by BlockTempo. This downturn is attributed to miner sell-offs and liquidity pressures. In contrast, gold surged to a record high of $4,300 per ounce, driven by geopolitical tensions and expectations of Federal Reserve rate cuts.
The contrasting movements between Bitcoin and gold underscore a shift in investor sentiment towards traditional safe-haven assets amid economic uncertainty. Analysts highlight gold's continued appeal as a stable investment during periods of market volatility.
Bitcoin Drops Below $108,000 as Gold Reaches Record $4,300
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