Gold and Silver just destroyed their 50-year old reputation of being stable and safe assets.


Silver just dumped by 33% within a few hours, this isn't even possible for Bitcoin and hasn't happened since 2021.

Gold also dumped by 10%.
They are now trading like memecoins and Bitcoin is much more stable than precious metals.

This was the last bastion of Bitcoin to conquer.
Now that Gold and Silver have most likely topped, it should be an interesting phase for Bitcoin.
Let's see what the next week brings.

#PreciousMetalsPullBack $BTC
BTC0.65%
post-image
post-image
This page may contain third-party content, which is provided for information purposes only (not representations/warranties) and should not be considered as an endorsement of its views by Gate, nor as financial or professional advice. See Disclaimer for details.
  • Reward
  • Comment
  • Repost
  • Share
Comment
0/400
No comments
  • Pin

Trade Crypto Anywhere Anytime
qrCode
Scan to download Gate App
Community
English
  • 简体中文
  • English
  • Tiếng Việt
  • 繁體中文
  • Español
  • Русский
  • Français (Afrique)
  • Português (Portugal)
  • Bahasa Indonesia
  • 日本語
  • بالعربية
  • Українська
  • Português (Brasil)