Recent market trends show an unusual correlation between precious metals and major cryptocurrencies.
When Gold prices surged, Bitcoin often experienced declines. Interestingly, even when Gold prices declined, Bitcoin continued to face downward pressure.
A similar pattern emerged with Silver and Ethereum. Silver rallies often coincided with $ETH downturns, while decreases in Silver prices also led to $ETH drops.
Conclusion: š
It appears both Bitcoin and $ETH are currently experiencing consistent selling pressure, seemingly independent of traditional asset movements.
This challenging market environment suggests a period of significant volatility for crypto holders. Understanding these complex correlations is key for current market participants.
