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Bitcoin Price Crashes to $82,780 as Gold and Silver Lose $550B in Hours

Published Source: Bitcoin.com NewsRead original

Crypto Insight Summary: Gold and silver shed more than $550 billion over a three-hour stretch earlier today as bond yields and rate-hike bets hit metals, and bitcoin’s price slid right alongside them instead of acting as a refuge. The Three Hours That Erased $550 Billion Metals opened the week down in a hole, with gold slipping 1.55% and […] Crypto Insight Analysis: Direction: Bearish BTC Impact: Major Impact Horizon: Short-term (1-3 days) Reasoning: BTC failed to act as a safe haven, triggering panic selling.

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Bitcoin Price Crashes to $82,780 as Gold and Silver Lose $550B in Hours — Crypto Insight