Markets Crashed Overnight—Gold Recovered, Bitcoin Didn’t

Bitcoin sold off sharply early Friday Asian time, plunging more than 5% from $89,000 to a low of $83,400 during US daytime trading. Unlike gold and equities, it failed to recover—exposing a troubling identity crisis for the so-called “digital gold. ” The market is re-pricing trust in currencies and institutions, but that trust is flowing to gold vaults, not crypto wallets. Same Storm, Different Outcomes The sell-off was triggered by an escalation in US-Iran tensions after President Trump issued warnings on Truth Social, threatening military strikes unless Tehran agrees to a nuclear deal source: https://beincrypto.com/markets-crashed-overnight-gold-recovered-bitcoin-didnt/