Precious metals crash, with silver plunging 35%, gold falling 12% while bitcoin holds at $83,000

The precious metals market has experienced a significant downturn, with silver witnessing a dramatic plunge of 35%, marking one of its steepest declines in recent history. Gold, traditionally viewed as a safe haven, has also taken a hit, falling by 12% as investors react to the volatile economic landscape. In contrast, the cryptocurrency market exhibits a different trend, as Bitcoin remains relatively stable at $83,000, maintaining its position amidst the chaos affecting the precious metals sector. source: https://www.coindesk.com/markets/2026/01/30/precious-metals-crash-with-silver-plunging-32-gold-11-bitcoin-slips-back-to-usd82-000