Gold prices plummeted, when will Bitcoin drop?

Gold prices once reached a historic high of $2790.02 per ounce, but due to the release of strong U.S. economic data, investors took profits at high levels, and gold prices quickly fell.

Bloomberg analysts stated that gold recorded its largest single-day drop since July. The U.S. core PCE price index for September increased by 2.7% year-on-year, consistent with the previous value and exceeding expectations, a level of inflation that has led the market to expect the Federal Reserve to pause interest rate cuts. #BTC☀