TechFlow news, November 4 — According to BiyaPay analysts, both safe-haven and risk assets declined together. Spot gold fell below $3,990 per ounce, dropping over 0.4% during the day and retreating more than 9% from its October high; Bitcoin similarly lost ground below $104,000, hitting a two-week low. BiyaPay analysts pointed out that gold's decline stems from excessive prior gains and profit-taking triggered by high volatility, while Bitcoin was pressured by hawkish signals from Federal Reserve officials indicating "high interest rates may persist into next year," leading to outflows of risk-averse capital, slower ETF subscriptions, and continued selling pressure from miners, weakening price support. Overall, directional rebounds for gold and Bitcoin before year-end appear unlikely, with a weak, volatile trend likely to persist through the end of the year.
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