Investing.com — Bitcoin remained under pressure heading into the weekend, trading around $82,450 on Friday as rising oil prices, expectations of tighter U.S. monetary policy and renewed cryptocurrency security concerns weighed on investor sentiment.
On the chart, the metals sector looks bearish. On a quarterly basis, gold is up by 8%, and silver is up more than 10%, but compared with Bitcoin’s 30% ROI, this looks like investors have been allocating the safe-haven narrative to BTC.
