Gold: A Timeless Asset or a Risky Investment? Expert Ratings Inside!

Bitcoin's price has plummeted beneath the $100,000 mark, reflecting increased caution in the market toward risk assets. With large investment funds and corporate treasuries pulling back, signs of a bear market are becoming apparent, leading analysts to note a significant decline in market sentiment. Concurrently, demand for protective options in the derivatives market has surged, indicating heightened investor fears about future price movements. Despite Bitcoin maintaining some gains since the beginning of the year, recent trends raise concerns, necessitating close attention to upcoming critical support levels.

The yen hits a nine-month low against the dollar, driven by declining expectations for a Federal Reserve rate cut. Japanese officials express concern over the rapid currency depreciation and economic impact.

Bitcoin (BTC-USD) extended its losses on Monday, slipping below the $92,000 mark and pushing its decline from October’s all-time high to more than 26%. The ongoing downturn has reignited a key debate among traders: Is this a short-term correction, or the start of a prolonged bear market driven by Bitcoin’s historical four-year cycle?

As Wall Street faces significant declines, gold prices rise amid investor caution regarding Nvidia's upcoming earnings and Home Depot's profit warning, signaling a shift in market sentiment.

Oil prices edged lower during early Asian trading on Wednesday, as another rise in U.S. crude inventories intensified worries that global supply is outstripping demand.