Bitcoin and the cryptocurrency industry are often blamed for being too volatile and immature for legacy investors, a claim that proved true once again at the end of the business week.<\/p>\n
At the same time, safe haven assets like gold and silver are praised for their stability, especially in times of uncertainty. That\u2019s not what happened on Thursday and Friday, though.<\/p>\n
2025 became the year of the precious metals, and the beginning of 2026 only solidified this claim. Let\u2019s take gold, for example. It entered the new year at $4,300\/oz, but the growing geopolitical tension, as well as the declining value of the greenback, pushed it to consecutive all-time highs, the latest coming on Thursday at $5,600. This meant a whopping 30% increase in just a month.<\/p>\n
Silver\u2019s performance was even more impressive within the same timeframe \u2013 a 70% surge from a 2026 entry price of $72 to $122 peak on January 29.<\/p>\n
What happened in the following 24 hours, though, was quite the opposite and brutal. These overly praised (and perhaps overbought) precious metals slumped by double digits. Gold went down to $4,700, meaning a 16% decline in a day, while silver essentially erased all yearly gains in a 40% drop to $73. Although both rebounded to $4,900 and $85, respectively, they still ended the trading day deep in the red, showing untypical volatility.<\/p>\n
The reasons behind this calamity are still debated, with some arguing about a long-overdue profit-taking, while others blame<\/a> Trump\u2019s nominee for the next Fed Chair, Kevin Warsh. Nevertheless, the reality is that the two largest assets by market cap erased roughly $7 billion from their market caps in just a day, an amount that is more than two times larger than the entire crypto industry.<\/p>\n Gold and Silver erased $6.7 Trillion from their market cap in 30 hours.#Bitcoin<\/a> MCap is $1.64 Trillion.<\/p>\n \u201cWe are so early\u201d is an understatement. pic.twitter.com\/ZQhxlwEH0F<\/a><\/p>\n \u2014 Davinci Jeremie (@Davincij15) January 30, 2026<\/a><\/p>\n\n For years, crypto critics have accused the industry and its market leader in particular of being too volatile and unstable for legacy investors. We are not saying that they are entirely wrong, as BTC just dumped<\/a> from over $90,000 to $81,000 in about 24 hours as well. However, such fluctuations are more typical for an asset class that has existed for less than 20 years, unlike the centuries-old precious metals.<\/p>\n The crypto community quickly picked up the moves by gold and silver. CZ tried to reassure<\/a> some BTC doubters, indicating that bitcoin is a \u201c17-year-old technology, heavily suppressed in most of its existence.\u201d He added that \u201cwe are still early.\u201d<\/p>\n Santiment praised BTC\u2019s resilience on Friday in times when silver and gold were plunging hard, and outlined the debate over whether precious metal investors will eventually rotate into crypto.<\/p>\n As debates have circulated as to whether precious metals would see their profits begin to move into cryptocurrencies, this certainly wasn\u2019t on many peoples\u2019 bingo cards:<\/p>\n The price of gold dropped more than -8% today The\u2026 pic.twitter.com\/c6eZJmonkz<\/a><\/p>\n \u2014 Santiment (@santimentfeed) January 30, 2026<\/a><\/p>\n\n The post Bitcoin Too Volatile? Here\u2019s How Gold and Silver Dumped by Double Digits in 1 Day<\/a> appeared first on CryptoPotato<\/a>.<\/p>","protected":false},"excerpt":{"rendered":" Bitcoin and the cryptocurrency industry are often blamed for being too volatile and immature for legacy investors, a claim that proved true once again at the end of the business week. At the same time, safe haven assets like gold and silver are praised for their stability, especially in times of uncertainty. That\u2019s not what […]<\/p>\n","protected":false},"author":0,"featured_media":131364,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[4],"tags":[],"class_list":["post-131363","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-discovery"],"_links":{"self":[{"href":"https:\/\/mycryptomania.com\/index.php?rest_route=\/wp\/v2\/posts\/131363"}],"collection":[{"href":"https:\/\/mycryptomania.com\/index.php?rest_route=\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/mycryptomania.com\/index.php?rest_route=\/wp\/v2\/types\/post"}],"replies":[{"embeddable":true,"href":"https:\/\/mycryptomania.com\/index.php?rest_route=%2Fwp%2Fv2%2Fcomments&post=131363"}],"version-history":[{"count":0,"href":"https:\/\/mycryptomania.com\/index.php?rest_route=\/wp\/v2\/posts\/131363\/revisions"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/mycryptomania.com\/index.php?rest_route=\/wp\/v2\/media\/131364"}],"wp:attachment":[{"href":"https:\/\/mycryptomania.com\/index.php?rest_route=%2Fwp%2Fv2%2Fmedia&parent=131363"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/mycryptomania.com\/index.php?rest_route=%2Fwp%2Fv2%2Fcategories&post=131363"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/mycryptomania.com\/index.php?rest_route=%2Fwp%2Fv2%2Ftags&post=131363"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}Not Just BTC, Huh?<\/h2>\n
\n The price of silver dropped more than -25% today<\/p>\n