2026-01-23 12:14:16

JUST IN: Gold Hits Record $4,850 as Bitcoin Traders Panic at "Extreme Fear" Levels.

The market is witnessing a historic divergence. While gold prices smashed through all-time highs above $4,850 today, crypto investors are paralyzed by "Extreme Fear" (Index: 24), leaving Bitcoin fighting for support at $89,800.

This matters because the "safety trade" has completely decoupled. Capital is fleeing into traditional commodities driven by the U.S.-Greenland tariff scare, leaving digital assets temporarily exposed. However, this panic selling has pushed Bitcoin into a deep value zone relative to its $3.12 trillion market cap.

Traders should watch for a "mean reversion." History shows that when Gold overheats and Crypto fear peaks simultaneously, a sharp rotation back into high-beta assets often follows. If Bitcoin reclaims $90,500, the "fear dip" was likely a trap.

#Bitcoin #GoldATH #MarketDivergence

BTC1,29%

This page may contain third-party content, which is provided for information purposes only (not representations/warranties) and should not be considered as an endorsement of its views by Gate, nor as financial or professional advice. See Disclaimer for details.