Analysis: Cryptocurrency and precious metals markets show rare "divergent trends," possibly driven by more than just risk aversion

PANews, December 27 — According to Forbes, since reaching an all-time high in October, bitcoin and the overall crypto asset market have experienced a significant pullback. The price of bitcoin is currently hovering around $90,000 per coin, down from its historical peak of $126,000. Meanwhile, gold, silver, and U.S. stocks have accelerated their upward movement toward the end of the year, resulting in a rare “divergent market.” This situation is not simply driven by risk aversion, but is more likely a “strategic response” by institutions and capital to the global monetary system. Ramnivas Mundada, Head of Economic Research and Corporate Research at GlobalData, expects that as global central banks continue to adjust their reserve structures and reduce reliance on dollar assets, the process of de-dollarization will accelerate. By 2026, gold could further rise by 8%-15%, while silver could increase by 20%-35%.