Gold and silver lose $1.3T in four days as Bitcoin holds above $80K
- —Gold and silver lost $1.3 trillion in market value over four days
- —Bitcoin holds above $80,000 despite the precious metals selloff
- —Prediction markets price only a 3% chance of BTC hitting $85,000 on October 23
- —Reclaiming $84,000 is seen as a prerequisite for a move toward $85,000
Why it matters: If Bitcoin holds above $80,000 while gold sells off, it reinforces the case for BTC as a hedge asset.
Source: Crypto Briefing