#BitcoinDunyamiz is hovering below $88,500 as investors shift funds toward gold and silver ahead of the U.S. Federal Reserve’s key policy decision and upcoming Big Tech earnings.
$BTC BTC slipped near $88,400, extending a 4% weekly decline. Major altcoins like $ETH, $SOL SOL, #XRP, and #DOGE also traded slightly lower, reflecting a cautious mood across the crypto market.
Meanwhile, gold briefly surged above $5,000 per ounce, while silver posted its strongest daily gain in years before easing. This clearly shows that, in the short term, investors are favoring precious metals over crypto.
Market analysts note that #Bitcoin is behaving more like a risk asset than a safe haven right now. With traders waiting for the Fed’s rate decision and earnings from major tech firms, trading volumes remain thin and risk appetite is limited.
For now, BTC appears range-bound, likely moving sideways until clearer direction emerges from the Fed’s guidance and stock market results. $XRP