Silver futures based on tokenized assets have experienced one of the largest declines in the cryptocurrency market, surpassing the traditional leaders Bitcoin and Ether. This sharp downturn has raised concerns among experts about the onset of a “death spiral,” a negative trend in financial markets characterized by continuously falling prices and declining investor confidence. The tokenized silver futures market has recently faced severe bearish pressure, creating challenges for individual and institutional investors interested in this metal. This situation is particularly significant given the ongoing volatility in major crypto assets like Bitcoin and Ether, with silver futures liquidations causing far greater losses. In the crypto space, liquidation occurs when investors’ positions are forcibly closed as prices fall below their expected thresholds, further exacerbating downward momentum. Michael Burry, known as “The Big Short” and famous for predicting financial crises, has issued a serious warning about this development, viewing it as a potential signal of financial instability. The price fluctuations in silver are linked to global economic factors, changes in supply and demand, and the overall health of cryptocurrency markets. Investors are advised to exercise caution as further declines could impact the market, especially if global economic conditions remain unstable. These trends in cryptocurrency and tokenized asset markets continue to attract the attention of investors and analysts, with further developments anticipated in the coming days.
Source: coindesk
