Bitcoin holds near $80,000 as macro and geopolitical risk keep buyers on the sidelines

Bitcoin is hovering near $80,000 and Ethereum is testing $2,300, with macro and geopolitical risk keeping crypto buyers cautious, according to Token Times.

The two largest digital assets by market value are trading at levels that leave little room for conviction on either side, as investors weigh broader economic and geopolitical pressures against the case for digital assets.

Token Times reported that the mood across crypto markets remains defensive, with the macro and geopolitical backdrop doing the work of holding prices in check.

The story is a reminder of how tightly crypto now trades alongside traditional risk assets: moves in bitcoin and ether are being read less as isolated crypto events and more as a barometer of appetite for risk across markets.