Bitcoin dips below $78K as stocks, gold fall on higher US PCE Inflation data
Related
Bitcoin slips from $80K as gold cools with falling US bond yields
Bitcoin bulls battled for control of the $80,000 zone as gold came off its highest levels since mid-May on falling US bond yields.
Bitcoin ETFs end 9-day inflow streak as BTC dips below $78K
US spot Bitcoin ETFs posted $201.8 million in net outflows Friday, led by ARK 21Shares, as total fund assets slipped back below $100 billion.
Gold Hits Three-Month High as Bitcoin Tests $80,000
Gold extended its August rally as a weaker dollar and falling yields boosted demand, while Bitcoin briefly climbed above $80,000 for the first time since May.
Bitcoin falls on US PPI overshoot as 30-year bond yield hits new 19-year high
Bitcoin fell with US stocks as high inflation and a further surge in oil prices coincided with another multidecade high for US bond yields.
Bitcoin Could Overtake Gold in the Next Bull Run: Binance Founder CZ
Gold is worth around ten times more than BTC, Changpeng Zhao said, noting that countries face a years-long process to "shift into Bitcoin."
Bitcoin seeks support near $77K as BTC, gold near 100-day highs
Bitcoin volatility eased after BTC hit its highest level since mid-May, while gold joined the cryptocurrency in approaching three-month highs.