Quick market analysis
📉 Price situation
Gold dropped 1.12% to $3,001.30
Silver dropped 1.61%
Copper dropped the most: -5.09%
➡ Main reason: Investors sold off stocks, withdrew money from precious metals to cover portfolio losses.
BTC: $77,735 ▼ -6.21%
ETH: $1,557 ▼ -12.78%
SOL: $103.70 ▼ -12.70%
➡ Main reason: Crypto was sold off along with the global market rout.
- Crypto is no longer immune to macroeconomic fluctuations - fluctuations similar to stocks.
- ETH & SOL decreased more than BTC → Altcoins carry greater risks during sell-offs.
=》 Closely monitor macroeconomic policies and moves from the SEC - directly affecting cash flow in the financial sector.
