Bitcoin remained range-bound on Tuesday, struggling to break past the $80,000 mark amid mixed market sentiment. While Bitcoin's price action showed little movement, gold and silver attempted to recover from recent declines, highlighting a cross-asset tug-of-war influencing market dynamics. Market participants are divided on Bitcoin's near-term relationship with gold, as the latter approaches multi-month highs near $5,000. Bitwise CIO Matt Hougan suggested the current crypto downturn may be nearing its end, viewing it as a transitional phase. Meanwhile, U.S. equities, including PayPal, faced pressure from earnings results, underscoring the impact of macroeconomic factors on crypto sentiment. Traders are closely monitoring Bitcoin's behavior around the $80,000 resistance level, as well as gold's ability to sustain its gains. The interplay between ETF activity, institutional interest, and macroeconomic signals will be crucial in determining the next phase for Bitcoin and the broader digital asset market.