Bitcoin stabilized around $88,800 on Monday, reflecting a shift towards risk in global markets. This comes as gold reached a record high above $4,380 and Asian stocks climbed over 1%. Ether also regained the $3,000 mark, while XRP, Solana, and Dogecoin saw modest gains following recent volatility.
Traders are closely monitoring key support and resistance levels amid concerns over thin liquidity and leverage. The focus remains on value investing in cryptocurrencies as markets hover near multi-year highs, testing their stability in the current economic climate.
Bitcoin Steadies at $88,800 as Gold Hits Record High
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