Crypto Traders Pile Into Silver FOMO Before 15% Crash
Retail attention, including from crypto traders, spiked just as silver hit its local top, Santiment data shows.
Silver prices completed one of the most dramatic single-day reversals in years on Monday, surging to a record high above $117 before plummeting more than 15% in a matter of hours.
The violent swing erased approximately $900 billion in market value in just 90 minutes, according to data cited by financial commentary account The Kobeissi Letter.
The event illustrates how retail trader attention, including from the crypto community, has pivoted toward traditional assets like precious metals, often at the most volatile moments.
