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Risk-off sentiment is once again taking over the market
Gold continues to slide toward the $4,500 zone, U.S. equities closed deep in the red, and Bitcoin has fallen back to the $79K area as fear slowly spreads across global markets
One of the biggest reasons behind the recent disappointment appears to be the lack of major announcements from President Trump following the China trip, something the market had clearly been pricing in with much higher expectations
With no strong catalyst to maintain momentum, traders are starting to reduce risk exposure, causing pressure across both traditional and crypto markets
Right now, the market feels trapped between fading optimism and growing uncertainty, and volatility may only be getting started
$XAUT $BTC