Crypto Market Today: Bitcoin-gold ratio drops to lowest since January 2024
Bitcoin rose since midnight UTC, while remaining locked in the $86,000-$90,000 range. Against gold, however, it's still falling.\nWhat to know : Bitcoin's price remains volatile, trading between $86,000 and $90,000, while its ratio to gold hit a low not seen since January 2024. Funding rates for several major tokens have turned negative, indicating a buildup of short positions in the futures market. Yearn Finance's YFI token dropped nearly 6% after the yield aggregator suffered a $300,000 exploit from a legacy smart contract, its second attack this month.