Compound Wrapped BTC USD Price & Performance (CWBTCUSD)

Bitcoin continues to struggle, trading near $83,900 after facing rejection at $84,000. The cryptocurrency's recent volatility is tied to geopolitical and economic developments, including tariffs imposed by the Trump administration. Analysts warn of potential further declines, with key support levels between $75,000 and $78,000 being closely monitored by investors.12

Gold prices surged to a record $3,001.30, reinforcing its role as a stable reserve asset amid global uncertainty. Meanwhile, Bitcoin's performance has faltered, currently down 23% from its peak. Analysts highlight the contrasting investor sentiment, with Bitcoin's bearish trend persisting despite discussions of its strategic value.34

The combined crypto and stock markets have lost over $6 trillion in recent months, with Bitcoin dipping below $80,000. Investor sentiment has turned risk-averse, as reflected in the Fear and Greed Index. Analysts suggest this extreme fear could indicate a market bottom, potentially offering buying opportunities for traders.56