Today, gold and silver prices crashed nearly 10%, wiping out over $3 trillion in value, an amount equal to the entire crypto market cap. The sudden fall quickly spread to crypto, pulling Bitcoin down nearly 7% as leveraged positions were wiped out.
What began as a sharp sell-off in metals soon turned into a broader risk-off move, catching many traders by surprise.
Gold Prices Crash After Record Rally
According to market data, gold prices dropped from near $5,625 to around $5,100, while silver fell from over $121 to nearly $106. This sharp move erased an…

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