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raw_item_id
96a611b9-b523-4a63-8cae-64e573232682
title
Why a selloff in gold and silver is dragging bitcoin down
source_url
https://www.coindesk.com/markets/2026/06/27/why-a-selloff-in-gold-and-silver-is-dragging-bitcoin-down
canonical_url
https://www.coindesk.com/markets/2026/06/27/why-a-selloff-in-gold-and-silver-is-dragging-bitcoin-down
external_id
ingest_status
processed
language
published_at
2026-06-27T18:11:04+00:00
created_at
2026-06-27T18:11:49.081194+00:00
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Body Text

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.

Summary

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.

Media Assets

None