Bitcoin Tumbles Below $80K Alongside 5% Plunge in Nasdaq as China Tariff Tiff Escalates

In the midst of market turbulence, gold has maintained its appeal as a safe-haven asset, reaching yet another all-time high. The precious metal has historically been a go-to asset for investors seeking a store of value during times of economic uncertainty and market volatility.

The recent surge in the price of gold can be attributed to a combination of factors, including ongoing concerns about the global economy, geopolitical tensions, and the impact of the COVID-19 pandemic on financial markets. These uncertainties have prompted investors to flock to traditional safe-haven assets like gold, driving up demand and pushing prices higher.

Gold's status as a safe haven asset is further bolstered by its intrinsic value and limited supply. Unlike fiat currencies, which can be devalued through inflation

Source: https://www.coindesk.com/markets/2025/04/10/bitcoin-sinks-back-below-usd80k-as-markets-shift-focus-to-potential-china-conflict


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