Bitcoin is facing mounting pressures as traders pivot to gold amidst renewed U.S. trade tariffs, signaling a shift in market sentiment.
The latest analysis indicates a growing perception that Bitcoin is no longer considered a safe haven as economic uncertainty escalates.
According to insights from The Kobeissi Letter, the current macroeconomic climate is driving investors to seek stability through traditional assets like gold.
Bitcoin struggles as market dynamics shift; traders move towards gold amidst U.S. tariffs, marking a potential end to BTC’s safe haven appeal.
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