Bitcoin Price Drops to $77K as Rally Falters, Gold and Silver Surge Continues

Bitcoin's attempt to recover has been unsuccessful, with the leading cryptocurrency's price retreating to the $77,000 level. This pullback occurs amid a renewed and strong upward movement in the precious metals market, where gold and silver are seeing significant gains. The failed bounce for BTC highlights ongoing volatility and shifting investor interest towards traditional safe-haven assets like gold during periods of market uncertainty. Analysts are watching key support levels for Bitcoin while monitoring the sustained momentum in precious metals.