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Gold
One platform for global traditional assets
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Hot
Trade European-style vanilla options
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Bitcoin has recovered to $82.8K, but since the beginning of the year it is still down by 6%.
At the peak of the February decline, the drawdown reached -27%.
The key level now is $88K. Hitting it would bring BTC to break even for the year and could become a trigger for some traders and investors to return to the market.
Against this backdrop:
— S&P 500 is setting new all-time highs
— gold remains range-bound over the past month
The contrast in performance between the assets remains.