Crypto traders get liquidated by ‘safe’ silver
Crypto traders switched to precious metals, chasing the upside of gold and silver. Just days after expanding token-based silver markets, the price shifted direction.
Crypto traders adapted to the underwhelming performance by switching to silver, last year’s big runner. Silver set out for a series of records in 2026 as well, leading to a trading rush to make use of a newly active asset.
Until recently, only tokenized gold was more actively traded. However, silver turned into an appealing access point, with predictions for an ongoing rally. Crypto platforms adapted, as new markets emerged for silver contracts through Hyperliquid’s HIP-3.
Precious metal tokens and perpetual futures replaced the sluggish altcoin market with…
