The price of silver hits an all-time high of almost $84, showing extreme volatility over the weekend with a spike of 6% followed by a 10% drop in just an hour. Gold also sees a surge, reaching around $4,530 while the crypto market remains stagnant.

Silver and gold prices are on the rise as investors anticipate major interest rate cuts under a new US Federal Reserve chair in 2026, potentially leading to lower returns from investments in bonds. Silver’s industrial use and the “debasement trade” also contribute to its increased demand.

Despite silver and gold’s rally, Bitcoin and the crypto market have been flat in December, with BTC down 0.5% over the past 30 days at $90,160. Bitcoin needs a 6.5% increase to finish the year in the green after hitting an all-time high of $120,000 in October.

Read more at Cointelegraph: Silver’s Recent Price Action Mirrors Bitcoin’s Volatility