Market correction hits Bitcoin, gold, and stocks
Bitcoin fell 3.5% on January 29, sliding from $88,000 to $85,000. The drop followed a correction in gold, which had recently reached a record $5,600 per ounce before declining to about $5,100.
Stock markets were also under pressure, as the S&P 500 lost 1.36% and the NASDAQ declined 1.8% in 24 hours.
As a result, the entire crypto market turned red, including all top-10 cryptocurrencies by market cap.
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