Bitcoin Stalls Below $92K as Investors Rotate Into Safety
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Gold/USD (left) vs. Bitcoin/USD (right). Source: TradingViewBitcoin continues to struggle near the $90,000 level, repeatedly failing to hold above $92,000 over the past month. While US equities remain near record highs, investors are increasingly favoring safer assets like US Treasurys and gold. Strong demand for government bonds and falling expectations for future Fed rate cuts signal rising risk aversion, reducing Bitcoin’s appeal as a hedge. Despite its long-term narrative, BTC remains about 30% below its October peak, reflecting broader caution across global markets.