China has implemented new restrictions on silver exports, including a cap of 44 exporters for the 2026–2027 period. This move has led to a significant 16% drop in silver prices, now trading at $72.21 per ounce. The market's fear and greed index indicates increased anxiety among traders. The decision follows a substantial outflow of 4,600 tons of silver in November, which prompted the regulatory changes. The tighter supply conditions may also impact altcoin markets as traders adjust their strategies in response to the evolving silver landscape.