In this post, I want to talk about something shocking that just happened in the markets. The so-called safe havens – Gold and Silver – completely imploded, and nearly $10 trillion was wiped out in just 72 hours. That kind of move is something you would normally expect from risky assets like crypto, not from traditional stores of value.
Gold dropped around 20% from its peak, erasing about $7.4 trillion in market value. To put that into perspective, that’s roughly five times bigger than the entire Bitcoin market cap. Silver performed even worse, crashing almost 40% and losing about $2.7 trillion – an amount close to the total value of the whole crypto market.
Think about that for a moment.
Assets that are supposed to protect wealth are now swinging with meme-coin level volatility, yet Bitcoin still gets blamed for being unstable. The traditional idea of “safe vs risky” assets is breaking down right in front of us, and market correlations are changing fast.$ETH #
If safe havens are no longer safe… the big question is: where will capital go next?
#Bitcoin #Macro #Markets #WendyCrypto $BTC #