Gold Dips Below $4,500 as Silver Reverses Intraday Rally — Dec 29, COINOTAG News
COINOTAG News, December 29, reported that risk-off pressure in traditional markets pushed spot gold below $4,500 per ounce, down 0.82% intraday. Spot silver, after a sharp intraday move, traded around $77.7 per ounce, reversing from a 6% gain to a 1.58% intraday decline. This bullion price action reflects a cautious macro environment shaping investor allocations.
For the crypto market, such macro shifts are monitored because liquidity flows often shift between safe havens and risk assets. The current cross-asset backdrop may temper Bitcoin and other leading tokens, as investors weigh risk-off dynamics against potential upside catalysts. Traders should monitor correlations with gold and the evolving dollar trend.
Key near-term indicators to watch include on-chain activity, trading volumes, and central-bank commentary. In a regime driven by macro cues and liquidity shifts, a disciplined, data-driven approach will help readers assess opportunities and risk within the crypto markets.
