Risk aversion sweeps the market: Gold rebounds, Bitcoin consolidates at high levels
The ongoing escalation of geopolitical tensions between the US and Iran has significantly increased risk aversion in global financial markets. As of press time, Bitcoin has traded within a narrow range around the $68,000 mark, while gold prices continue their rebound trend, regaining investor favor.
Analysts point out that as uncertainty in the Middle East increases, funds are shifting from risk assets to traditional safe-haven assets. Market strategists warn that before macro risks are fully released, risk assets may still face increased volatility and could even test previous lows again.
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Risk aversion sweeps the market: Gold rebounds, Bitcoin consolidates at high levels
The ongoing escalation of geopolitical tensions between the US and Iran has significantly increased risk aversion in global financial markets. As of press time, Bitcoin has traded within a narrow range around the $68,000 mark, while gold prices continue their rebound trend, regaining investor favor.
Analysts point out that as uncertainty in the Middle East increases, funds are shifting from risk assets to traditional safe-haven assets. Market strategists warn that before macro risks are fully released, risk assets may still face increased volatility and could even test previous lows again.