Bitcoin (BTC) Price Reversal Falters as Macro Risks Weigh on Stocks and Boost Gold

Bitcoin's recent recovery attempt has been halted, moving in tandem with a decline in U.S. equity markets. The shift in investor sentiment comes amid growing macroeconomic uncertainties, which are simultaneously driving a surge in the price of gold. This dynamic underscores a flight to traditional safe-haven assets, putting pressure on risk-sensitive investments like cryptocurrencies and tech stocks. Analysts point to persistent inflation concerns and aggressive monetary policy tightening as key factors fueling the market volatility. The correlation between Bitcoin and equities highlights its current perception as a risk asset, with its short-term trajectory remaining highly dependent on broader financial market trends and macroeconomic data releases.