BEARISH 📉 : Bitcoin and Gold Face Selloff Amid Macro and Geopolitical Tensions

Investors are comparing Bitcoin and gold due to macroeconomic and geopolitical tensions causing significant asset liquidations.

Key Points:

Gold reached a record high of $5,608 per ounce but fell by 4.7% to $5,180 amid market volatility.
Bitcoin dropped 6.25% in 24 hours, trading at $82,600, following the US Fed's decision to maintain interest rates.
Risk assets like cryptocurrencies lose appeal when safer returns are available through cash, bonds, and money-market funds.
US tariffs on the EU and tensions between the US and Iran contribute to selling pressure on risk assets.
Investors debate Bitcoin’s role as digital gold or a risky investment, considering its market behavior relative to gold.

The global crypto market cap fell 5.9% to $2.8 trillion, with a $220 billion selloff.
Bitcoin lost $85 billion in value within four hours, increasing market fear.
Total crypto liquidations surged 385% to $1.71 billion in 24 hours, affecting over 275,300 traders.
US-based spot BTC ETFs experienced a net outflow of $817.9 million, while spot Ethereum ETFs saw a $155.6 million selloff.
Investment products linked to XRP faced a $92.9 million outflow.