Spot gold hit a new high today, with $4,480 no longer just a dream, and a daily increase of over 0.7%. Even more outrageous is silver, which surged 4% in a day, directly reaching $79.70. The pace is quite fierce.
The underlying reason is actually not complicated—turmoil in Venezuela, coupled with fluctuations in the US dollar, has led global investors to flock to safe-haven assets. This is a typical situation where "great world events cause people to seek stability." When gold and silver soar, people start to wonder: Bitcoin, known as "digital gold," should it also follow suit now?
Traditional safe-haven assets are heating up; will the crypto market usher in new opportunities? This could be the key issue to watch next.
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ImpermanentLossFan
· 01-07 08:28
Silver rises 4%—that's a bit outrageous, feels crazier than gold
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Digital gold? Don't be funny. The real safe-haven assets are still physical assets
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With the turmoil in Venezuela, funds are flowing into traditional safe havens, and our crypto circle is once again being used as a story
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What does the new high in gold mean? It shows that the market is really scared
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A 4% increase in one day, silver's recent surge is indeed top-notch, but whether it can sustain is the question
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Here comes the "digital gold" narrative again, always hyped during big events, getting tired of it
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The rise of safe-haven assets is a good sign, but don't expect crypto to keep up with traditional metals
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Gold and silver are going crazy, feels like a bubble is about to burst. Anyway, I can't understand this wave
View OriginalReply0
DYORMaster
· 01-07 04:59
Silver 4% in one day? This increase is outrageous, it feels like institutions are throwing money around.
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Here we go again. Every time traditional safe-haven assets heat up, someone yells for BTC to follow suit. Let's not be brainwashed by this rhetoric.
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The chaos in Venezuela has boosted gold, but can Bitcoin really be compared? The differences are still quite significant.
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$4480 new high for gold. Is this real or just hype? We need to carefully examine the fundamentals.
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I'm a bit cautious about silver's sharp surge; rapid increases often come with risks.
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Honestly, the rise in traditional safe-havens is indeed a signal, but when it comes to crypto, we need to do the math differently.
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In major world events, people's minds are stable. This description is quite accurate, but can BTC absorb this wave of safe-haven capital? Question mark.
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I'm not too surprised by gold's soaring; after all, it's a long-standing asset. If crypto can keep up, that would be a real highlight.
View OriginalReply0
UncleLiquidation
· 01-07 04:58
Silver soars 4% in one day? Now that's what I call a true safe-haven asset, way more impressive than some coins
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Digital gold? Come on, wait until the crypto market can stabilize for ten years before talking
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Here we go again with the gold hype, is this time really different?
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Venezuela's chaos causes the whole world to hide, physical assets are still more reliable
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Dollar fluctuations + geopolitical risks, this combo is classic, a wave of safe-haven flow is coming
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Bitcoin learning from gold? First wait until it stops crashing
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$79.70 silver is a bit crazy, can we still chase this price, brothers?
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When gold hits a new high, they bring in Bitcoin to back it up—such old tricks
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Safe-haven assets heating up, but the crypto market isn't necessarily popular, two different things
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Once the red line is drawn, funds rush into gold—I've understood this rhythm
View OriginalReply0
MEV_Whisperer
· 01-07 04:58
A 4% increase in silver is a bit outrageous, is it real? Now BTC has to follow suit, right?
View OriginalReply0
BlockTalk
· 01-07 04:38
A 4% increase in silver is a bit crazy, even more aggressive than Bitcoin? Is this implying something?
Risk asset rotation, BTC should wake up now.
Gold breaking new highs this time is serious, but unfortunately I am still waiting for a pullback.
The situation in Venezuela pushed up gold prices, but the real signal depends on how the dollar moves.
Has the title of digital gold been used for so long, and now finally has the chance to prove itself?
But speaking of which, can the recent surge in silver continue? It feels a bit fake.
Dollar fluctuations are the key, everything else is just a backdrop.
I believe in the logic that gold reaching new highs drives BTC, but the timing is off.
The whole market is moving on the news, the question is whether to jump in now or wait for the return customers.
View OriginalReply0
rugpull_ptsd
· 01-07 04:35
Silver's 4% increase can't be sustained anymore, this is the real market now
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Gold breaks through the sky, Bitcoin is still there sleeping, outrageous
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Here we go again, every time precious metals take off they say Bitcoin should follow, and what happened? Plenty of face-slapping moments
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Venezuela's situation gets hyped up and then bloodsuckers come in, capital plays like this
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Digital gold? First hold onto real gold before talking, don't just shout slogans
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Silver rises 4% in a day, why hasn't my position moved? Feels like I've been cut
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This time it's really different, with such strong risk aversion, can the crypto circle not be restless?
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Gold hits a new high and wants to pull Bitcoin along, so the coin is just a sidekick
Spot gold hit a new high today, with $4,480 no longer just a dream, and a daily increase of over 0.7%. Even more outrageous is silver, which surged 4% in a day, directly reaching $79.70. The pace is quite fierce.
The underlying reason is actually not complicated—turmoil in Venezuela, coupled with fluctuations in the US dollar, has led global investors to flock to safe-haven assets. This is a typical situation where "great world events cause people to seek stability." When gold and silver soar, people start to wonder: Bitcoin, known as "digital gold," should it also follow suit now?
Traditional safe-haven assets are heating up; will the crypto market usher in new opportunities? This could be the key issue to watch next.