{"id":45063,"date":"2025-03-06T11:14:52","date_gmt":"2025-03-06T11:14:52","guid":{"rendered":"https:\/\/crypto-globe.com\/?p=45063"},"modified":"2025-03-06T11:26:35","modified_gmt":"2025-03-06T11:26:35","slug":"bitcoin-loses-safe-haven-status","status":"publish","type":"post","link":"https:\/\/crypto-globe.com\/en\/bitcoin-loses-safe-haven-status\/","title":{"rendered":"Bitcoin Loses Safe-Haven Status"},"content":{"rendered":"\n<p class=\"wp-block-paragraph\"><strong>Gold outperforms Bitcoin amid growing economic uncertainty. While cryptocurrency prices drop alongside stocks, gold reaches new highs.<\/strong><\/p>\n\n\n\n<h3 class=\"wp-block-heading\">Market Reacts to Tariffs<\/h3>\n\n\n\n<p class=\"wp-block-paragraph\">Bitcoin and altcoins have seen a significant decline in recent days, following stock market losses after the U.S. announced new tariffs on imports from Canada and Mexico. According to KMC data, Bitcoin plunged by $10,000 in a single day, erasing previous gains.<\/p>\n\n\n\n<p class=\"wp-block-paragraph\">Even expectations of a potential <a href=\"https:\/\/crypto-globe.com\/en\/melania-trump-released-her-own-cryptocurrency-on-the-eve-of-her-husbands-inauguration\/\" target=\"_blank\" rel=\"noopener\" title=\"\">U.S. cryptocurrency<\/a> reserve did not improve the situation. While details will be revealed at the White House summit on March 7, the market has already reacted negatively. Analysts from <a href=\"https:\/\/www.thekobeissiletter.com\" target=\"_blank\" rel=\"noopener\" title=\"\">The Kobeissi Letter<\/a> highlight that Bitcoin\u2019s decline is linked to a global shift away from risk assets. Due to rising economic uncertainty, investors prefer gold.<\/p>\n\n\n\n<h3 class=\"wp-block-heading\">Bitcoin Tests Support<\/h3>\n\n\n\n<p class=\"wp-block-paragraph\">Bitcoin is currently mirroring the movement of the U.S. Dollar Index (DXY) and has approached the 200-day moving average (SMA), a crucial level for sustaining growth. Trader Daan Crypto Trades noted that this support must hold to prevent further declines.<\/p>\n\n\n\n<p class=\"wp-block-paragraph\"><strong>Additional analyses indicate that <a href=\"https:\/\/crypto-globe.com\/en\/bitcoin-on-the-rise-whats-behind-its-growth\/\" target=\"_blank\" rel=\"noopener\" title=\"\">Bitcoin<\/a> recently closed its largest-ever price gap in the futures market.<\/strong> A similar gap in November 2024 led to BTC falling to its current multi-month low of around $78,000. This trend suggests the potential for further weakening.<\/p>\n","protected":false},"excerpt":{"rendered":"<p>Gold outperforms Bitcoin amid growing economic uncertainty. While cryptocurrency prices drop alongside stocks, gold reaches new highs. Market Reacts to Tariffs Bitcoin and altcoins have seen a significant decline in recent days, following stock market losses after the U.S. announced new tariffs on imports from Canada and Mexico. According to KMC data, Bitcoin plunged by [&hellip;]<\/p>\n","protected":false},"author":2,"featured_media":45064,"comment_status":"closed","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"yasr_overall_rating":0,"yasr_post_is_review":"","yasr_auto_insert_disabled":"","yasr_review_type":"","footnotes":""},"categories":[162],"tags":[99],"class_list":["post-45063","post","type-post","status-publish","format-standard","has-post-thumbnail","category-crypto","tag-bitcoin-en"],"aioseo_notices":[],"yasr_visitor_votes":{"stars_attributes":{"read_only":false,"span_bottom":false},"number_of_votes":0,"sum_votes":0},"aioseo_meta":{"seo_title":"Bitcoin Falls as Gold Reaches New Highs #separator_sa #site_title","meta_description":"Bitcoin drops 10,000 dollars amid economic uncertainty, while gold reaches new highs. Investors shift away from risk assets\u2014what does this mean for BTC?","focus_keyword":""},"_links":{"self":[{"href":"https:\/\/crypto-globe.com\/en\/wp-json\/wp\/v2\/posts\/45063","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/crypto-globe.com\/en\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/crypto-globe.com\/en\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/crypto-globe.com\/en\/wp-json\/wp\/v2\/users\/2"}],"replies":[{"embeddable":true,"href":"https:\/\/crypto-globe.com\/en\/wp-json\/wp\/v2\/comments?post=45063"}],"version-history":[{"count":1,"href":"https:\/\/crypto-globe.com\/en\/wp-json\/wp\/v2\/posts\/45063\/revisions"}],"predecessor-version":[{"id":45072,"href":"https:\/\/crypto-globe.com\/en\/wp-json\/wp\/v2\/posts\/45063\/revisions\/45072"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/crypto-globe.com\/en\/wp-json\/wp\/v2\/media\/45064"}],"wp:attachment":[{"href":"https:\/\/crypto-globe.com\/en\/wp-json\/wp\/v2\/media?parent=45063"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/crypto-globe.com\/en\/wp-json\/wp\/v2\/categories?post=45063"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/crypto-globe.com\/en\/wp-json\/wp\/v2\/tags?post=45063"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}