Crypto Pills

Gold breaks above $4,000 while Bitcoin turns lower as the U.S. Dollar Index reaches a two‑month level, highlighting a cross‑asset shift in risk preferences that favors bullion over crypto and reflects changing demand for dollar liquidity. The divergence shapes correlations used by traders to hedge and allocate, with a stronger bid for gold often coinciding with reduced leverage and tighter liquidity across crypto spot and derivatives venues, and with a firmer dollar historically weighing on risk appetite and price momentum.