Silver prices soared to a record high of $64 per ounce on the COMEX, driven by a supply deficit and increasing demand, particularly from the electric battery sector. The metal has surged over 115% year-to-date, outperforming gold, Bitcoin, and the SPX index. The rally, which began in early December, is further fueled by the Federal Reserve's rate cut and investor concerns over hyperinflation. As market anxiety grows, indicated by the fear and greed index, attention may also shift to altcoins, which could see increased interest.