Bitcoin Slides Toward $88,400 as Capital Rotates From Crypto to Traditional Safe Havens
The combined market capitalisation of the top 12 stablecoins has declined by around $2.24 billion over the past 10 days, signalling a cautious shift in investor behaviour across the crypto market. During the same period, Bitcoin slipped from roughly $95,000 to near $88,400, reflecting broader weakness and reduced risk appetite.
Analysts say the stablecoin outflows suggest investors are moving capital out of crypto into fiat and traditional safe-haven assets, rather than rotating within digital assets. Bitcoin derivatives open interest has remained range-bound between 245,000 and 267,000 BTC, pointing to limited speculative positioning. Meanwhile, gold surged to a record near $5,100 per ounce, reinforcing the narrative that capital is temporarily favoring safety over crypto exposure amid ongoing macro uncertainty.
