The move comes as the BTC/gold ratio — a measure of Bitcoin’s relative value against the yellow metal — flashed its most oversold reading in nearly three years last week.
Gold’s Pause is Bitcoin’s Pulse as Risk Appetite Returns Ahead of the Fed Week
The move comes as the BTC/gold ratio — a measure of Bitcoin’s relative value against the yellow metal — flashed its most oversold reading in nearly three years last week.
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BTC nears record highs, but history suggests the $119,000 futures gap could invite a pullback.
BTC hit record highs above $124,000 early today, but the momentum has quickly faded consistent with the pattern seen since mid-July.
Cryptocurrency experiences dramatic reversal on heavy volume to confirm bearish momentum.
Arkham data shows bitcoin miner Marathon bought 150 BTC through its custodian Anchorage Digital as prices plunged, with fresh FalconX inflows hinting at continued institutional accumulation.