Bitcoin and Gold Are Bleeding – So Where Is the Money Going?
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Bitcoin has fallen sharply since the start of the year, slipping below $60,000 for the first time since late 2024 as the largest funds tracking it lost over $8 billion in weeks. Gold briefly hit a new all-time high before reversing into the red, suggesting capital outflows and risk rotation that could pressure crypto token performance and adoption.
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Bitcoin has been on an evident downfall since the start of the year as it plunged below $60,000 for the first time since late 2024. The largest funds tracking its performance have lost over $8 billion in weeks.
Although gold began the year on a positive note, hitting a new all-time high, its trajectory reversed, and it’s in the red now. But where is that money going?
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In This News
Coins
$ 64.32K
+0.49%Predictions Markets
See what traders are focused on
Share:
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