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BeInCrypto ES
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Gold and silver erased $7 trillion from global markets: Will Bitcoin follow the same path?
A historic liquidation event shook the gold and silver markets in the last 48 hours, erasing approximately $7 trillion in value of precious metals. Meanwhile, Bitcoin fell by 7% but remained surprisingly resilient amid the widespread sell-off.
Bitcoin analyst Joe Consorti noted that the drop in the market capitalization of precious metals was approximately four times the total market capitalization of Bitcoin.
BTC avoids the liquidation cascade that crushed gold and silver prices
Bitcoin analyst Joe Consorti noted that the drop in the market capitalization of precious metals was approximately four times the total market capitalization of Bitcoin.
BTC avoids the liquidation cascade that crushed gold and silver prices
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