Bitcoin and Gold Ratio Declining, Market Volatile

Bitcoin and Gold Ratio is Declining

Bitcoin price continues to fluctuate between 86,000 and 90,000 US Dollars. Meanwhile, the ratio of Bitcoin to gold has dropped to a level not seen since January 2024, attracting the attention of investors.

In the futures market, the negative financing rates of several major assets indicate a build-up of short positions.

The YFI token of Yearn Finance experienced a drop of about %6 following an exploit worth 300,000 US Dollars originating from an old smart contract. This incident marked the second attack this month.