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Crypto Macro

Bitcoin seeks support near $77K as BTC, gold near 100-day highs

Bitcoin’s volatility eased as it hit its highest level since mid-May, approaching $77K support. Gold also neared three-month highs, with both assets close to 100-day moving averages.

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AI take

The pairing is the story: bitcoin and gold pressing toward 100-day averages at the same time suggests the bid is less about crypto-specific catalysts than about the broader macro backdrop both assets are responding to. That matters for RWA and tokenized-gold narratives, which tend to gain traction when the two are framed as comparable hedges rather than rivals. Whether bitcoin can hold the $77K area as volatility compresses is the open question; a decisive break would test the correlation thesis.

Generated by AI for reference only.

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