Bitcoin Falls on Forced Liquidations, Stalled Crypto Laws; Gold Nears Record

Bitcoin fell on Dec. 21 amid forced liquidations, stalled progress on crypto legislation, waning corporate-buying effects, and global policy uncertainty weighing on risk appetite, 10x Research said via BlockBeats. U.S. equities weakened as the AI segment underperformed and labor data softened, while cooling inflation and strong semiconductor earnings partially cushioned the decline. Gold rose toward record highs on increased haven demand and diversified global asset inflows, while MicroStrategy shares weakened as equity-dilution worries from financing Bitcoin purchases outweighed the benefit of continued accumulation.