Source: CryptoNewsNet
Original Title: Gold tops $5,000 as bitcoin stalls near $87,000 in widening macro-crypto split: Asia Morning Briefing
Original Link: https://cryptonews.net/news/analytics/32334046/
Gold’s breakout above $5,000 is beginning to look less like a spike and more like a regime shift, as bitcoin drifts sideways around $87,000 in the early hours of Hong Kong trading, in a low-conviction market that continues to struggle with internal supply dynamics.
Onchain indicators suggest the divergence reflects market structure rather than sentiment alone.
In its latest report, CryptoQuant says bitcoin holders have started selling at a loss for the first time since October 2023, with older buyers exiting positions and newer holders stepping in, a pattern that typically marks a market moving into consolidation rather than acceleration.
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Gold tops $5,000 as bitcoin stalls near $87,000 in widening macro-crypto split
Source: CryptoNewsNet Original Title: Gold tops $5,000 as bitcoin stalls near $87,000 in widening macro-crypto split: Asia Morning Briefing Original Link: https://cryptonews.net/news/analytics/32334046/ Gold’s breakout above $5,000 is beginning to look less like a spike and more like a regime shift, as bitcoin drifts sideways around $87,000 in the early hours of Hong Kong trading, in a low-conviction market that continues to struggle with internal supply dynamics.
Onchain indicators suggest the divergence reflects market structure rather than sentiment alone.
In its latest report, CryptoQuant says bitcoin holders have started selling at a loss for the first time since October 2023, with older buyers exiting positions and newer holders stepping in, a pattern that typically marks a market moving into consolidation rather than acceleration.