Silver prices experienced extreme volatility, surging 6% to nearly $84 before plummeting 10% within an hour. The initial spike was fueled by expectations of a 2026 Federal Reserve rate cut, robust industrial demand, and a weaker dollar. These sharp movements in silver prices mirror the volatility often seen in cryptocurrency markets.
In contrast, Bitcoin has remained relatively stable, falling just 0.5% to $90,160 over the past month, despite reaching all-time highs earlier. This stability in Bitcoin comes amid the broader market fluctuations affecting other assets like silver.
Silver Price Swings Wildly, Echoing Crypto Market Volatility
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