Silver ($XAG ) wiped out $900 billion in just 90 minutes 😱
Silver just gave everyone a brutal reminder of how wild this market can be. Earlier in the day, silver was soaring. It was up about 14%, the momentum seemed unstoppable, and the sentiment felt euphoric. Then, almost out of nowhere, everything turned. In about 90 minutes, silver erased all the movement, turned red for the day, and wiped out an estimated $900 billion in market value.
That kind of movement is not normal. It's panic and profit-taking colliding at full speed.
Silver is famous for this behavior. It doesn't move calmly like gold ($XAU ). It overreacts in both directions. When fear and momentum align, silver explodes upwards. But when confidence breaks even slightly, the exit door becomes very small, very quickly.
What likely happened here is a mix of crowded positioning and fragile liquidity. Too many traders chased the upside. When the price stalled, stops were triggered. Once the selling began, it fed on itself. Buyers pulled back, sellers rushed in, and the movement became a snowball.
This doesn't mean that the long-term story for silver is suddenly dead. It means the market got ahead of itself. Sharp rallies invite leverage, and leverage makes reversals violent.
Movements like this often shake people emotionally. Bulls feel trapped. Bears feel validated. In reality, it's the market shedding excess before deciding what it wants to do next.
Silver didn't collapse because the fundamentals disappeared in 90 minutes. It collapsed because sentiment turned. And right now, sentiment across all markets is extremely fragile.
#Marialecripto operates here👉$XAG