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Why a selloff in gold and silver is dragging bitcoin down

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Why a selloff in gold and silver is dragging bitcoin down

Bitcoin has long been lumped in with precious metals as a hedge against a weakening dollar. That trade is unwinding on a hawkish Fed, and bitcoin is falling alongside the metals it was supposed to rival.

Why a selloff in gold and silver is dragging bitcoin down

Source：CoinDesk

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Source：https://www.coindesk.com/markets/2026/06/27/why-a-selloff-in-gold-and-silver-is-dragging-bitcoin-down