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📘 Crypto Word of the Day: Risk-Off Selloff
A Risk-Off Selloff occurs when traders and investors reduce exposure to riskier assets like cryptocurrencies and equities, moving their capital toward perceived safe-haven assets (e.g., the U.S. dollar, gold, government bonds) due to heightened uncertainty.
The crypto market is currently in a classic risk-off environment:
🔹Bitcoin has slid toward ~$65,000 and recently dipped below $64K, reflecting selling pressure tied to macro fears and geopolitical tension.
🔹Traditional safe havens like gold and the U.S. dollar strengthened as traders sought stability.