Bitcoin fell below $87,000, metals rose.

Cryptocurrency Market Drop

Earlier today, during U.S. trading hours, major cryptocurrencies and crypto stocks lost value. Bitcoin fell below the $87,000 level, while Bitcoin miners experienced a decline of 5% or more. This drop in cryptocurrencies has drawn the attention of investors.

Rise in Metals

On the other hand, a significant increase has been observed in valuable metals. Gold, silver, and other metals rose due to geopolitical concerns. Investors are turning to valuable metals during periods of uncertainty in a quest for protection against ongoing losses in this trade.