Bitcoin is up around 1% on the day, trading near $77,000 after dipping as low as $74,500 on Saturday. Precious metals remain under pressure, with gold falling 4% to $4,700 per ounce and silver also sliding 4% to $82 per ounce. Oil is weaker as well. West Texas Intermediate futures fell 5% to $62 a barrel. Bitcoin held steady as gold and silver prices collapsed on Friday one day after BTC and other crypto assets fell sharply while precious metals posted gains. Gold has fallen nearly 9% on Friday to $4,877 per ounce, while silver has plunged 28% to $82 per ounce during the New York trading session. Compare that to Bitcoin, which has edged up 0.2% on the day to $83,873. What is your take on Bitcoin’s raising above $100,000 before next quater ?
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