Analysis: The cryptocurrency and precious metals markets are showing a rare "divergent trend," possibly driven by factors beyond mere risk aversion

According to Forbes, since reaching an all-time high in October, Bitcoin and the overall cryptocurrency market have experienced a significant decline. The price of Bitcoin is currently hovering around $90,000, down from its historical peak of $126,000, while gold, silver, and U.S. stocks have accelerated upward as the year ends. The market has shown a rare "divergent trend," which is not solely driven by risk aversion but may be a "strategic response" from institutions and funds to the global monetary system.

Ramnivas Mundada, Head of Economic Research and Corporate Research at GlobalData, predicts that the process of de-dollarization will accelerate against the backdrop of global central banks continuously adjusting their reserve structures and reducing reliance on dollar assets. By 2026, gold may further increase by 8%-15%, while silver could rise by 20%-35%.