Indiscriminate Sell-off! Silver Plummets Over 10%, Gold Breaks Below $4,600, Bitcoin Plummets Approaching $69,000 Mark

BTC-2,59%
ETH-3,7%

Global financial markets are experiencing intense turbulence tonight! At 9 p.m. Taiwan time (9 a.m. Eastern Time), a wave of indiscriminate selling has emerged. Not only Bitcoin (BTC) and Ethereum (ETH) have plunged simultaneously, but traditional safe-haven assets are also not spared. Spot silver has plummeted over 10% in a single day, and spot gold has fallen below the $4,600 level.
(Background: Breaking News》Bitcoin drops 5% in a day, falls below $70,000! Funding rates remain bearish)
(Additional context: Bitcoin and gold sell-off simultaneously: Middle East, PPI, Fed triple impact, market-wide risk aversion)

The global financial markets experienced strong volatility tonight (19th). Around 9 p.m. Taiwan time (just before the US stock market opens), a massive selling pressure emerged, sweeping through both traditional precious metals and the cryptocurrency markets, showing a liquidity contraction characteristic of “cash is king.”

Precious Metals Crash: Silver drops over 10%

In terms of traditional safe-haven assets, the precious metals market showed intense fluctuations. Among them, silver was hit hardest, with spot silver prices crashing over 10% in a short period, approaching the critical integer level of $67 per ounce.

Meanwhile, the leader, gold, also could not escape unscathed. Spot gold prices suffered a sharp decline, officially breaking below the $4,600 per ounce level, indicating that even traditional capital is withdrawing massively from safe-haven assets under the current market sentiment.

Crypto Market Sells Off Simultaneously: BTC falls below $70,000

In the cryptocurrency sector, this macro-level selling pressure also delivered a heavy blow. Bitcoin (BTC) failed to hold its support tonight, quickly falling below the $70,000 mark, with a low of $69,000 during intraday trading, completely breaking the bulls’ defense line.

Ethereum (ETH), the second-largest market cap, also experienced a shocking decline, with prices continuing to oscillate downward, currently approaching the $2,100 level. The market is closely watching whether this wave of selling will intensify further with the opening of US stocks. Investors should strictly manage leverage and position risks.

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