Gold plunges to $5,100 per ounce as Bitcoin retreats to around $80,477
Gold fell by $300 within a two‑hour window, sliding back under $5,200 an ounce and settling near $5,100 amid volatility comparable to 2008. Bitcoin declined more than 6% over 24 hours to about $80,477, erasing roughly $5 billion in open interest, while major altcoins dropped between 5% and 8% and memecoins plus AI tokens saw double‑digit losses.