【Blockchain Rhythm】 On Monday morning, the cryptocurrency market experienced a rapid decline. Bitcoin plummeted within just one hour, with a maximum drop of 3.79%, falling from a high of $95,500 to $91,900, then rebounding slightly to around $92,800.
Interestingly, traditional assets performed very differently during this market movement. Spot gold and silver opened sharply higher, both reaching new all-time highs, while Nasdaq futures fell by 1%. Behind this divergence, the shadow of geopolitical tensions is growing stronger.
On the news front, comments from the US government over the weekend regarding Greenland’s autonomy sparked a chain reaction. Several EU countries are considering imposing tariffs on US goods worth €93 billion in response. The tariff game is heating up, risk assets are under pressure, and investors are flocking to safe-haven assets. This may explain why gold and silver surged while Bitcoin and stock indices declined.
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DegenGambler
· 13h ago
The situation with Greenland has caused gold to reach a new all-time high, while Bitcoin has dropped by 3.79%. Truly remarkable.
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ILCollector
· 13h ago
The trouble in Greenland is stirring up the market again; the crypto world is still being taken advantage of as the big fool to be exploited.
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AirdropJunkie
· 13h ago
Geopolitics is once again affecting risk assets, with gold taking off while BTC crashes? That logic seems a bit strange.
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degenonymous
· 13h ago
Gold hits a new high again, but the crypto world is still taking a beating? The Greenland issue has thrown global assets into chaos, and that move was quite aggressive. Safe-haven funds have all moved into gold, while our crypto brother can only watch the stock market take a hit together.
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GameFiCritic
· 13h ago
Once again, a geopolitical farce, with safe-haven funds clutching tightly to gold and not letting go, while Bitcoin has become the target of sell-offs... This logic is really ironic, as the crypto community has always claimed to be the ultimate safe-haven asset.
The key issue lies in the failure of incentive balance. Traditional safe-haven assets have historical backing and strong sustainability; whereas the risk pricing mechanism in the crypto market is clearly not mature enough, and any slight disturbance is treated as a high-risk asset and sold off.
A 3.79% decline may not seem large, but it reflects a deeper problem... What we need to consider is, when can Bitcoin be promoted from a "high-volatility risk asset" to a "true safe-haven tool"?
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BearMarketSurvivor
· 13h ago
Whenever geopolitical issues arise, people tend to flock to gold. This pattern repeats every year, truly the fate of a safe-haven asset. Bitcoin follows along as a secondary option, but a 3.79% drop is really nothing for the crypto world.
Bitcoin crashes 3.79% on Monday, gold hits record high, geopolitical risks stir the market
【Blockchain Rhythm】 On Monday morning, the cryptocurrency market experienced a rapid decline. Bitcoin plummeted within just one hour, with a maximum drop of 3.79%, falling from a high of $95,500 to $91,900, then rebounding slightly to around $92,800.
Interestingly, traditional assets performed very differently during this market movement. Spot gold and silver opened sharply higher, both reaching new all-time highs, while Nasdaq futures fell by 1%. Behind this divergence, the shadow of geopolitical tensions is growing stronger.
On the news front, comments from the US government over the weekend regarding Greenland’s autonomy sparked a chain reaction. Several EU countries are considering imposing tariffs on US goods worth €93 billion in response. The tariff game is heating up, risk assets are under pressure, and investors are flocking to safe-haven assets. This may explain why gold and silver surged while Bitcoin and stock indices declined.