Silver just had one of its sharpest selloffs in years—down 12% in under four hours, wiping out an estimated $800 billion in market cap.

The speed and scale of the move caught even experienced commodity traders off guard, and it immediately triggered questions about capital rotation. The theory goes like this: when traditional safe havens like silver or gold sell off aggressively, capital often flows into risk assets, including crypto.

But that's not always how it plays out in real time. Sometimes the money just goes to cash as traders derisk across the board. What makes this interesting is the context—crypto's been range-bound, equity volatility is elevated, and now precious metals are breaking structure.

If this is a rotation, Bitcoin and altcoins could see inflows in the coming days. If it's deleveraging, everything compresses together. The narrative is forming, but the flow data will tell the real story.

#Silver #bitcoin #CryptoRotation #MarketVolatility #riskassets