According to CoinMeta, the current trading price of Bitcoin is $78,353.62, which represents a 1.20% decline over the past 24 hours. Following a 21.82% weekly increase, the market has seen some profit-taking, putting the price of Bitcoin under pressure at the $80,000 resistance level. The weekly correlation between Bitcoin and gold has reached 94.37%, indicating that both are influenced by similar macroeconomic factors during their upward trends. Although inflows of ETF funds and lower yields have supported demand, correlation alone does not prove that gold directly drove the rise in Bitcoin prices. Currently, the market needs spot buyers to absorb the coins released by profit-taking holders.