Panic in the pits! After hitting a record $5,600 last week, Gold has plunged about 8% to $4,405 this morning, marking one of its sharpest daily declines in years. Silver is following suit, down 7% after a brutal Friday.
What’s happening? The "Trump-Powell" standoff and fears over Fed independence are rattling global stock exchanges. Investors who crowded into the "Safe Haven" trade are now hitting the exit button simultaneously. $BTC
The Crypto Connection: While Gold bleeds, Bitcoin is hovering at $76,000. Historically, when the "Old Gold" crashes due to policy uncertainty, the "Digital Gold" ($BTC ) becomes the next focus for brave dip-buyers. #PreciousMetalsTurbulence #MarketCorrection