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282 Bitcoin Holds Near $111K as Traders Weigh China Retaliation, Risk Appetite Cools

CoinDesk
Shaurya Malwa @ CoinDesk · 10/16/2025 02:09 EDT

Bitcoin Holds Near $111K as Traders Weigh China Retaliation, Risk Appetite Cools

Analysts note that Bitcoin’s correlation with gold is at a multi-year high of 0.9, reinforcing the “digital gold” narrative as both assets move in tandem during geopolitical shocks.

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