ChainCatcher news, according to Forbes, since hitting a record high in October, Bitcoin and the overall crypto assets have seen a significant pullback. Bitcoin’s price is currently hovering around $90,000 per coin, down from its all-time high of $126,000. Meanwhile, gold, silver, and U.S. stocks have accelerated their upward trend towards the end of the year, presenting a rare ‘split market’ scenario. This situation is not solely driven by risk-off sentiment but 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, anticipates that amid global central banks continuously adjusting reserve structures and reducing reliance on U.S. dollar assets, the de-dollarization process will accelerate. By 2026, gold could still rise by an additional 8%-15%, while silver may increase by 20%-35%.
