Over the past 5 days, BTC has dropped from $96k to just under $80k and all alt cryptos have followed suit. This is a BTC price not seen since just after the election. I expect this is a longer term price correction and it wouldn't surprise me if it drops another 10k to the 69-70k range which was its prior ATH for a year or two. If anyone wants to get into crypto, I would suggest the 60-70k range is a good place to jump it, if/when it gets that far. Anything under thhat would be good for medium-long term holding.
Separately, I do wonder what impact a Fort Knox audit would have on crypto, if the gold that is supposed to be there isn't there. Probably lots of fireworks in both directions for everything... Maybe? Safe to say gold would go up a lot. But crypto is often treated like a commodity & gets sold off with stocks and such.