Risk aversion boosts gold, hurts bitcoin (BTC) price: Crypto Daybook Americas
Risk aversion is suppressing Bitcoin's price ahead of key U.S. GDP data, while gold rallies significantly.Summary
The Crypto Daybook Americas for December 23, 2025, reports a somber mood in the crypto market as Bitcoin fell below $87,500, failing to sustain gains above $90,000. This weakness occurs despite a declining dollar index, suggesting a broader shift towards risk aversion confirmed by a strong rally in gold and other precious metals. An analyst predicts further declines in cryptocurrencies and risk assets in the coming weeks. Market focus is on the upcoming preliminary Q3 U.S. GDP data, expected to show 3.2% annualized growth, which could influence Bitcoin's direction. In traditional markets, gold is approaching $4,500 per ounce, and the yen strengthened against the dollar on potential Bank of Japan intervention speculation. Furthermore, Spot BTC ETFs saw net outflows of $142.2 million, while Spot ETH ETFs saw inflows of $84.6 million.
(Source：CoinDesk)