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Gold slides below $4.5k, crypto is bleeding, and “store of value” myths are cracking

Gold slides below $4.5k, crypto is bleeding, and “store of value” myths are cracking

Gold has slipped from above $5,200 while crypto bleeds and silver dumps, exposing “store of value” as a question of volatility, leverage and time horizon, not memes.

Summary

  • Gold has dropped about 10–15% from its early‑March spike above $5,200 to around $4,560, but remains structurally elevated and keeps finding dip buyers near the mid‑$4,500s.
  • Silver has been hit harder, sliding roughly 20% this month back toward the low‑$70s per ounce, underscoring its role as the high‑beta “altcoin” of the metals complex.
  • Crypto is mirroring the direction with more violence: BTC stuck in the high‑$60,000s to low‑$70,000s, total market cap around $2.4 trillion, and…

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