Wait silver dropped more than btc? My grandma assets are degen now🫩
$BTC below $81K. Silver −5.6%. Gold −2.5%
This isn’t just a crypto sell-off. Two things are hitting the market at once:
Oil is surging on renewed Middle East tensions, reviving inflation fears and expectations of further Fed tightening. That’s putting pressure on precious metals.
Meanwhile Meta’s massive AI spending plans have rattled tech investors, triggered another wave of selling in stocks. Bitcoin is getting caught in the same retreat from risk.
Expensive oil, inflation worries and a tech selloff. Not exactly the combination buyers were hoping for.
#BTCFallsBelow81K #BTC #GOLD_UPDATE #Silver