Spot gold and silver experience a sharp plunge in the short term

Spot silver surges 5.00% intraday, currently at $79.11 per ounce

ChainCatcher News, according to Gate Market Data, spot silver has surged 5.00% intraday, currently trading at $79.11 per ounce. Spot gold is now at $4,979.56 per ounce, up 1.04% intraday.

Gold Is Becoming Crypto’s Silent Power Asset

Gold tokenization is gaining traction as a stable crypto asset amid global uncertainty. Controlled by few entities, its growing utility in DeFi and low-risk portfolios signals a shift from speculation to credible, asset-backed tools in the crypto market.

Kazakhstan Shifts $350M in Gold Reserves Into Bitcoin

Kazakhstan is cautiously entering the crypto market, with its National Bank allocating up to $350 million for a national investment fund focused on crypto hedge funds, ETFs, and related companies, rather than directly purchasing Bitcoin. This strategy diversifies exposure while maintaining reserve security.

Trading Time: AI Panic Escalates Ahead of CPI, Bitcoin Fluctuates and Bottoms Out, Difficult to Reproduce "Spring Festival Market"

Daily Market Highlights and Trend Analysis, produced by PANews. 1. Market Observation The current macro market is experiencing a profound confidence crisis triggered by AI, with the narrative shifting from "AI frenzy" to "AI panic." Investors are no longer focused on who will benefit but are instead worried about which industries will be disrupted and replaced. On Thursday, financial markets experienced a broad sell-off, with US stock market capitalization evaporating by $1 trillion. Cisco plummeted 12% after releasing weak profit margin guidance. The Nasdaq dropped over 2%, the S&P 500 declined 1.57%, breaking below the 50-day moving average, and the Dow Jones Industrial Average fell below 50,000 points. The seven tech giants all declined, with Apple dropping over 5%, losing approximately $202 billion in market value in a single day. Amazon's stock price, after eight consecutive days of decline, officially entered a technical bear market on Thursday, down 21.4% from its high. Industry insiders expect NVIDIA's February 25 earnings report to become an important event in the AI field.

Major Hong Kong Hedge Fund Reportedly Broke Down During BTC Crash - U.Today

Market speculation suggests a Hong Kong hedge fund's distress contributed to Bitcoin's rapid decline from $90,000 to $60,000, with unusual ETF trading volumes revealed. Analysts caution against attributing the crash solely to this entity.

Barron Trump under 20 years old with a net worth of $150 million! Crypto investments have made him a crazy $80 million profit

According to Forbes, Barron Trump has earned over $80 million from cryptocurrency investments, with an estimated net worth of around $150 million, and he is not even 20 years old. His wealth mainly comes from token sales and holdings in World Liberty Financial (WLFI). Forbes estimates these figures based on financial disclosures and market data, but the specific numbers are unconfirmed due to the difficulty in verifying cryptocurrency holdings.