【BlockBeats】The performance of silver has been quite fierce these days. On December 20th, spot silver broke through $67 per ounce, setting a new record. The single-day increase was 2.38%, and the performance of New York futures silver was even more aggressive — rising 3 percentage points intraday, with the quote reaching $67.18 per ounce.
This data is worth noting. The strong upward movement of traditional precious metals often reflects market concerns about the economic situation, or a certain shift in global liquidity. For cryptocurrency investors, such cross-asset price signals usually indicate a rebalancing of risk asset allocations. As a hybrid of risk assets and safe-haven assets, this breakout may suggest that institutions are re-evaluating their major asset allocations.
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DefiOldTrickster
· 12-20 02:49
Bro, I knew something was going to happen when silver broke 67. The last time I saw this trend was during that risk-off wave last year, and the institutions are starting to pile up in precious metals again.
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TokenSherpa
· 12-19 17:04
actually if you examine the historical voting patterns on major commodity rallies, silver tends to behave as a governance indicator for macro sentiment... let me break this down: 67 usd signals quorum requirements aren't being met in traditional asset allocations
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AirdropHarvester
· 12-19 17:03
Silver is rising so sharply, it feels like it's time to start bottom-fishing for precious metals again. The institutions really can't sit still anymore.
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HypotheticalLiquidator
· 12-19 17:02
$67 broke support, and with such a high leverage ratio, are you still daring to chase? Be careful of a chain liquidation, brother.
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DataPickledFish
· 12-19 16:53
Silver hits a new high, feeling like big funds are preparing something... The economic situation is really a bit mysterious.
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TeaTimeTrader
· 12-19 16:39
Silver has hit a new high again, this is the pace to outpace inflation.
Silver hits a new all-time high of $67/oz. Can the breakout of traditional asset prices trigger market linkage?
【BlockBeats】The performance of silver has been quite fierce these days. On December 20th, spot silver broke through $67 per ounce, setting a new record. The single-day increase was 2.38%, and the performance of New York futures silver was even more aggressive — rising 3 percentage points intraday, with the quote reaching $67.18 per ounce.
This data is worth noting. The strong upward movement of traditional precious metals often reflects market concerns about the economic situation, or a certain shift in global liquidity. For cryptocurrency investors, such cross-asset price signals usually indicate a rebalancing of risk asset allocations. As a hybrid of risk assets and safe-haven assets, this breakout may suggest that institutions are re-evaluating their major asset allocations.