Bitcoin, Ethereum, Solana, and Dogecoin have experienced significant declines, dropping between 9% and 20% this month. This downturn contrasts with the performance of gold and silver, which have risen by 4% and 9%, respectively. Analysts point to overleveraged positions and systemic risks in the crypto market, including potential credit freezes and forced asset sales, as key factors behind the decline. In contrast, the rise in precious metals is attributed to fiscal pressures and economic stress, as indicated by global debt-to-GDP ratios. Historical patterns suggest that Bitcoin's performance may lag behind gold by approximately 80 days, adding to the current market dynamics.