Bitcoin plunged more than 6% over the weekend, falling below $80,000 per token for the first time in nearly a year. The drop comes amid broad market liquidations and rising geopolitical tensions, pushing investors out of high-risk assets.
The decline highlights Bitcoin’s volatility compared with traditional safe-haven assets like gold, silver, and U.S. Treasurys. Macro concerns in the Middle East and forced liquidations in crypto and precious metals markets have amplified short-term swings.
Investors are reassessing Bitcoin’s role: once seen as a potential hedge, it now behaves more like a speculative tech stock than a stable store of value. Analysts caution that ongoing geopolitical risks or debates over Federal Reserve leadership could sustain heightened volatility, making Bitcoin a challenging refuge for risk-averse investors.
