Bitcoin-to-gold ratio falls to its lowest level since January 2024
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Bitcoin has risen since 08:00 (UTC+8), fluctuating within the $86,000 to $90,000 range, but the Bitcoin-to-gold ratio has dropped to its lowest level since January 2024. Funding rates for several major tokens have turned negative, indicating an increase in short positions in the futures market. Yearn Finance suffered a $300,000 loss due to an old smart contract vulnerability, with the YFI token falling nearly 6%. This is the second attack Yearn Finance has faced this month.
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