Silver Rises Over 120% YTD 
Bitcoin experienced a significant decline on Monday, falling 4.4% to $90,199, marking its lowest point since November 18 and a sharp retreat from December’s peak of $108,316. The selloff was triggered by stronger-than-expected US employment data that reduced expectations for near-term Federal Reserve rate cuts. The cryptocurrency market’s weakness extends beyond Bitcoin, with Ether dropping 6.6%, reflecting broader concerns in the digital asset space. Technical analysts note a concerning head and shoulders pattern formation, suggesting a potential trend reversal from bullish to bearish territory. While Bitcoin’s 2024 rally was fueled by the approval of US exchange-traded funds and President-elect Trump’s supportive stance, market enthusiasm has cooled in early 2025 as investors await clarity following the upcoming inauguration.
