Gold and silver crash puts crypto back in focus
Gold and silver have been the kinds of trade you could set and forget lately up day after day, headlines screaming new highs, and the usual “hard assets are back” chatter getting louder.
Then Friday hit, and the mood flipped. The same metals that looked unstoppable suddenly looked crowded, leveraged and vulnerable to a sharp unwind.
And when the “can’t-lose” corner of the market starts wobbling, traders inevitably scan for the next place capital might try to rotate.
Related: Analyst eyes ‘calm before storm’ as gold and silver hit record highs
In the lead-up to the correction on Jan. 30, gold had been extending what many desks were already calling a melt-up, repeatedly pushing to fresh records as investors…
