Bitcoin and Gold Ratio Declining, Market Volatile

Bitcoin and Gold Ratio on the Decline

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

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

Yearn Finance's YFI token dropped by approximately %6 following a 300,000 US Dollar exploit resulting from an old smart contract. This incident marks the second attack this month.