Silver

Investor Michael Burry warned of a possible 'death spiral' after tokenized silver futures posted one of the sharpest losses in crypto, with liquidations overtaking usual leaders Bitcoin and Ether. The move highlights growing volatility in tokenized commodity markets and contagion risk for crypto portfolios.

Rich Dad Poor Dad author Robert Kiyosaki said on X he plans to accumulate more bitcoin after the recent crash and is also increasing gold and silver holdings as long-term hedges.

Silver plunged about 15% and gold fell roughly 7% on Friday, sparking a worldwide sell-off in mining stocks and funds tied to the metals. The rout drove heavy trading, redemptions and sharp declines across ETFs and miner equities.

Gold and silver pushed toward historic thresholds of about $5,000 and $100 early Friday as investors continued pouring into a metals rally that began last year; analysts warn silver could have a far more explosive upside. Bitcoin underperformed the rally, trailing the precious-metals surge as flows favored safe-haven assets.

Binance has rolled out USDT-settled perpetual futures for gold and silver, offering crypto-native exposure to traditional safe-haven metals as demand rises. The move broadens stablecoin use cases and the exchange’s derivatives suite.

Silver plunged nearly 9% on Dec. 29, marking its steepest single-day fall since 2020, and Nassim Taleb weighed in, challenging the narratives that compare precious metals and Bitcoin as safe havens. The rout has rekindled debate over asset resilience and market fragility.

Silver surged to a new all-time high of $63/oz while the crypto market fell 2.74% in 24 hours, with Bitcoin among the top coins trading lower. The divergence suggests short-term flows into precious metals amid risk-off sentiment.