🚨 Gold, silver, and Bitcoin tumble as the debasement trade unwinds 🚨
Gold, silver, and Bitcoin have all fallen sharply as markets increasingly price in tighter monetary policy and renewed inflation concerns. The shift marks a reversal from the 2025 “debasement trade,” when investors were betting that persistent deficits and debt would continue to weaken fiat currencies.
🔑 Key highlights:
🔹️ Gold has dropped about 28% from its January 2025 peak of $5,600 per ounce and is now trading below $4,000.
🔹️ Silver has fallen more than 50% from its record high near $120 and slipped below $59 per ounce.
🔹️ Bitcoin is trading below $62,000 and sits under its long-term 200-week moving average of about $62,800.
🔹️ Markets are currently pricing in two 25 basis point Fed rate hikes by March 2027.
🔹️ Despite the broader correction, Bitcoin has gained roughly 30% against gold and more than 55% against silver since February.
🔹️ All three assets are still lagging U.S. equities in 2026, especially semiconductor and memory-related stocks.
🎯 Bottom Line: The macro trade that lifted gold, silver, and Bitcoin in 2025 is fading as tighter-policy expectations take over.
https://www.coindesk.com/markets/2026/06/24/gold-silver-and-bitcoin-tumble-as-debasement-trade-unwinds