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Silver Briefly Overtakes NVIDIA: What the Rally Could Signal for Bitcoin

BeInCrypto
Silver briefly surpassed NVIDIA by market cap amid a rally, prompting analysts to draw parallels to a potential major breakout for Bitcoin.

Summary

Silver surged to $82.7 per ounce, briefly making it the world's second-largest asset by market capitalization, overtaking NVIDIA's $4.55 trillion valuation. This rally, which has seen silver up nearly 12% year-to-date, is attributed to its dual role as a safe-haven asset and a critical component in industrial applications like AI hardware and EVs. A persistent supply-demand imbalance, with the global market seeing its fifth straight annual deficit in 2025, fuels forecasts of silver potentially reaching triple-digit prices. This significant move in silver has led cryptocurrency analysts to observe parallels with Bitcoin's chart, noting that silver completed a multi-year cup-and-handle formation before its explosion. Analysts suggest Bitcoin is currently building a similar structure, implying a potentially sharp upside breakout once it resolves, leading to speculation about a capital rotation from precious metals into BTC.

(Source:BeInCrypto)