Bitcoin traded down on Wednesday as gold rallied 4.4% over 24 hours, adding a massive $1.5 trillion to its market cap in a single day. Gold breached $5,500 per troy ounce, bringing it to a new all-time high,

Bullion ripped past $5,500 and sentiment gauges hit “extreme greed,” while bitcoin stayed pinned below $90K — a split that’s getting harder to ignore.

“Our worst-case scenario assumes a decline to the $1.8 trillion to $2 trillion range, with an extension to 161.8% of the initial downward momentum in October-November,” Alex Kuptsikevich, FxPro chief market analyst, said in emailed comments.

Bitcoin (CRYPTO: BTC) experienced a significant drop, falling below the $80,000 mark on Saturday. This sharp decline has triggered a widespread crash in the cryptocurrency market. On Bitcoin’s value plummeted by 5% within a span of 24 hours,

There are plenty of talking heads in the crypto sector to listen to. Many have long-standing bullish views on certain tokens. And it goes without saying that Bitcoin (CRYPTO:BTC) is among the most closely-watched and most commented on cryptocurrencies in the market.

Veteran investor Cathie Wood responds to Bitcoin crash.

"Money is leaving crypto instead of waiting on the sidelines: Normally, when traders sell Bitcoin or altcoins, that money stays in crypto as stablecoins. A falling stablecoin market cap shows that many investors are cashing out to fiat instead of preparing to buy dips," blockchain analytics firm Santiment said in an explainer post on X.

“Our worst-case scenario assumes a decline to the $1.8 trillion to $2 trillion range, with an extension to 161.8% of the initial downward momentum in October-November,” Alex Kuptsikevich, FxPro chief market analyst, said in emailed comments.

Bitcoin on-chain data shows Realized Cap at new highs while long-term holders resume accumulation after failed 2025 distribution.

Bitcoin market position shifts as it drops to the 12th-largest asset, overtaken by Tesla's $1.6 trillion valuation and growth.