Market Movements
Silver experienced a significant decline, falling by 7.3% on Thursday. This downturn followed a period of rapid ascent that saw the precious metal peak at an all-time high of $93.7515. The sharp drop occurred after a four-day rally which had previously propelled silver prices up by more than 20%.
In contrast, Bitcoin demonstrated resilience, maintaining its position around $97,000. On January 14, Bitcoin saw ETF inflows totaling $844 million. Other precious metals also saw movement; gold dropped by 0.7%, while platinum and palladium each lost over 2% of their value.