Key Insights:
Bitcoin recently lost its volatility premium against Silver as per a Bloomberg analyst.
The largest cryptocurrency has faced intense selling pressure since reaching its all-time high in October.
Meanwhile, Silver has been making headway to new all-time highs and recently hit the $84 mark on December 29.
Bitcoin has been under steady selling pressure since reaching its all-time high of $126,000. The rally stalled quickly, sending BTC down to $80,537, which represents a 36% drop in less than two months. According to Bloomberg, this sharp fall caused the volatility premium for Bitcoin to drop against that of Silver.
Bitcoin Price Slows Down as Silver Gains Momentum
Bitcoin tried to crawl past $90,000 level early December, but the rally quickly lost steam with another attempt around the close of the month. Experts weighed the possibility of Bitcoin closing above $93,500 and ending 2025 on a green candle.
Unfortunately, every attempt to break past $94,000 ran
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