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Bitcoin Price Crashes to $82,780 as Gold and Silver Lose $550B in Hours

News.Bitcoin.com
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Bitcoin Price Crashes to $82,780 as Gold and Silver Lose $550B in Hours

Gold and silver shed more than $550 billion over a three-hour stretch earlier today as bond yields and rate-hike bets hit metals, and bitcoin’s price slid right alongside them instead of acting as a refuge. The Three Hours That Erased $550 Billion Metals opened the week down in a hole, with gold slipping 1.55% and […]

Key Takeaways

  1. Gold and silver shed more than $550 billion over a three-hour stretch earlier today as bond yields and rate-hike bets hit metals, and bitcoin’s price slid right alongside them instead of acting as a refuge.
  2. The Three Hours That Erased $550 Billion Metals opened the week down in a hole, with gold slipping 1.55% and […]
  3. Read the full article for additional context and details.
Read Full Article on News.Bitcoin.com

Summary generated by IndiCrypto from News.Bitcoin.com. IndiCrypto is a news aggregator and does not provide investment advice. Read the original article for full context.