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.
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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