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Bitcoin price falls below $80,000, ARK reshapes the gold narrative

Bitcoin price falls below $80,000, ARK reshapes the gold narrative

币界网币界网2026/02/01 21:14
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Reported by Bijie Network: The price of bitcoin has dropped to $78,150, down more than 35% from its peak in October 2025, with significant volatility. Analysis from ARK Invest points out that this pullback occurred after a rapid rise in bitcoin's price, and emphasizes that since early 2020, the correlation between bitcoin and gold has been only 0.14. Although gold's previous major rallies have preceded bitcoin's increases, the recent upward trend has stalled. ARK maintains its long-term outlook, with its model predicting that under certain adoption scenarios, bitcoin's price will be much higher than current levels by 2030. However, it also stresses that bitcoin and gold play different roles and have different development cycles.
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