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$1.28 Trillion Wiped Out From Gold and Silver in Hours, Crypto Holds Steady


by Coin Edition
for CoinEdition
$1.28 Trillion Wiped Out From Gold and Silver in Hours, Crypto Holds Steady

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AI Overview

Gold and silver prices plummeted by 2.83% and 5.21%, erasing $1.28 trillion in market value due to rising bond yields and liquidity tightening. In contrast, the crypto market remained stable, with a capitalization near $2.35 trillion amidst global economic uncertainties.

Bullish
  • Gold and silver dropped sharply, wiping out $1.28 trillion in hours.
  • Rising bond yields and liquidity tightening triggered heavy selling pressure.
  • The crypto market held relatively steady near $2.35 trillion capitalization levels.

Global financial markets witnessed an intense shock as precious metals suddenly plunged, erasing roughly $1.28 trillion in combined market value within just a few hours. Gold dropped 2.83%, wiping out nearly $1 trillion, while silver fell 5.21%, losing approximately $280 billion in market capitalization.

The sharp selloff came during a period of tightening liquidity, rising bond yields, and growing uncertainty around global macroeconomic policy, factors that are now reshaping capital flows across asset classes.

Read The Full Article $1.28 Trillion Wiped Out From Gold and Silver in Hours, Crypto Holds Steady On Coin Edition.

Read the article at CoinEdition

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In This News

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$1.28 Trillion Wiped Out From Gold and Silver in Hours, Crypto Holds Steady


by Coin Edition
for CoinEdition
$1.28 Trillion Wiped Out From Gold and Silver in Hours, Crypto Holds Steady

Share:

AI Overview

Gold and silver prices plummeted by 2.83% and 5.21%, erasing $1.28 trillion in market value due to rising bond yields and liquidity tightening. In contrast, the crypto market remained stable, with a capitalization near $2.35 trillion amidst global economic uncertainties.

Bullish
  • Gold and silver dropped sharply, wiping out $1.28 trillion in hours.
  • Rising bond yields and liquidity tightening triggered heavy selling pressure.
  • The crypto market held relatively steady near $2.35 trillion capitalization levels.

Global financial markets witnessed an intense shock as precious metals suddenly plunged, erasing roughly $1.28 trillion in combined market value within just a few hours. Gold dropped 2.83%, wiping out nearly $1 trillion, while silver fell 5.21%, losing approximately $280 billion in market capitalization.

The sharp selloff came during a period of tightening liquidity, rising bond yields, and growing uncertainty around global macroeconomic policy, factors that are now reshaping capital flows across asset classes.

Read The Full Article $1.28 Trillion Wiped Out From Gold and Silver in Hours, Crypto Holds Steady On Coin Edition.

Read the article at CoinEdition

In This News

Share:

In This News

Share:

Read More

Bitcoin volatile, but flat, while crypto stocks bounce amid cooling AI fears

Bitcoin volatile, but flat, while crypto stocks bounce amid cooling AI fears

Coinbase, Circle, Galaxy, IREN and Riot led the early morning rebound among crypto-re...
Goldman Sachs' David Solomon says he owns 'very little' bitcoin but watching it closely

Goldman Sachs' David Solomon says he owns 'very little' bitcoin but watching it closely

“I’m an observer of bitcoin,” Solomon said at the World Liberty Forum on Wednesday, s...