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Gold, Silver, and Crypto All Crash Together — Here’s Why

Gold, Silver, and Crypto All Crash Together — Here’s Why

Bitcoin, Ethereum and XRP among other tokens have continued a four-day pullback across the crypto market. The decline follows a brief rally earlier this week after news broke that the US and Iran were nearing a deal, which initially pushed prices higher before the market reversed.

A similar pattern played out when the CLARITY Act passed committee, where an initial rally gave way to a pullback. Experts say the market currently lacks strong institutional buying momentum.

SpaceX Pullback May Be Pulling Capital From Crypto

SpaceX shares hit a high of $225 on Tuesday before falling roughly 24% over the following days. Some traders believe capital may be rotating out of crypto and into the SpaceX dip, though this remains speculative.

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