Crypto: Bitcoin, Crypto 'winter' Soon Over, Says Bitwise Exec As Gold...

Crypto: Bitcoin, Crypto 'winter' Soon Over, Says Bitwise Exec As Gold...

Bitcoin failed to attack $80,000 resistance as gold sought a $5,000 reclaim, while analysis argued that "crypto winter" began in January 2025.

Bitcoin (BTC) returned to range-bound moves on Tuesday as gold returned near the key $5,000 mark.

Bitcoin trades sideways as gold and silver attempt to reclaim prior losses.

Analysis remains split over how the Bitcoin versus gold relationship will play out next.

Bitwise CIO says that the latest “crypto winter” is closer to over.

Data from TradingView showed BTC price action shying away from a retest of $80,000, now functioning as resistance.

BTC/USD displayed familiar indecisiveness on the day, again putting it in contrast to precious metals, which were actively attempting to recoup some of their major losses from recent days.

XAU/USD rebounded to $4,971, up more than $500 versus Monday’s local lows.

Silver, which fell to near $71 after the January monthly candle close, traded up more than 11% on the day at the time of writing.

US stocks stayed sensitive to earnings reports, with PayPal’s miss sending its stock price down by almost 20%.

Source: CoinTelegraph