Gold’s 21% Fall Forms 106 Year Record While Bitcoin Stabilizes At $71,000
Gold, the long-standing store of value, has recorded its worst consecutive losing streak in over a century. The yellow metal fell from $5,193 to $4,098 at its worst, a decline of nearly 21%, before recovering modestly to sit at $4,559 per ounce. Bitcoin (BTC), by contrast, has held its ground above $70,000 throughout the same period, increasingly displacing gold as the preferred safe-haven asset for a new generation of investors. Gold Forms History, Not In The Best Way Though Bloomberg ETF analyst Katie Greifeld confirmed that gold’s 10-day losing streak is the longest the metal has endured since February 1920 — a 106-year record
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