Bitcoin near $77,000 as US stock weakness hits gold, which falls to a one-year low
Bitcoin is trading around $77,000 while crypto markets handle a drop in US stocks. Gold has also slipped to its lowest level in a year, and the sell-off in tech stocks appears to be spreading to it. For traders, this shows that crypto and gold are not safe from weakness in the broader stock market.
Why it matters
- Bitcoin is holding near $77,000 despite weakness in US stocks.
- Gold fell to its lowest level in a year, showing pressure beyond crypto.
- Cointelegraph reports a risk of Bitcoin's worst October in 12 years.
What to watch next
Watch whether Bitcoin can hold the $77,000 area and whether US stock weakness keeps spreading to gold.
