Bitcoin drops to one-week low as retail buys gold at highest prices since June
Bitcoin price action sank to one-week lows ahead of US CPI data, while retail investors piled into gold ETFs and XAU/USD hit its highest levels in nine weeks.

Market Context
Bitcoin
BTC
$63,460
+0.70% 24h
Layer Index
Neutral
↑ 2 pts in 24h
Bitcoin price action sank to one-week lows ahead of US CPI data, while retail investors piled into gold ETFs and XAU/USD hit its highest levels in nine weeks.
Follow the Story
- Aug 11Bitcoin drops to one-week low as retail buys gold at highest prices since June
- Aug 17Top 3 Price Prediction: Bitcoin, Ethereum, Ripple – BTC holds critical support, ETH awaits directional move, XRP weakens
- Aug 17Norway's Sovereign Fund Hit Record Bitcoin Exposure Without Buying Any
- Aug 17Bitcoin tops $64,000 in Asia morning hours as HYPE jumps 8% on the week
- Aug 11Bitcoin drops to one-week low as retail buys gold at highest prices since June
- Aug 17Top 3 Price Prediction: Bitcoin, Ethereum, Ripple – BTC holds critical support, ETH awaits directional move, XRP weakens
- Aug 17Norway's Sovereign Fund Hit Record Bitcoin Exposure Without Buying Any
- Aug 17Bitcoin tops $64,000 in Asia morning hours as HYPE jumps 8% on the week
Related Intelligence
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Originally reported by Cointelegraph
NewsLayer coverage based on externally reported material.
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