Market Slides as Metals Decline

Largest Sell off in the History of Metals, Will Crypto bounce back?

Hello again Crib fam, while this week has finished red, there are still some positives to take away - Let’s dive in!

Last week, we saw Japan warming up to the idea of ETFs with Banking behemoths, Nomura and SBI Holdings seen as leading candidates for the first listings as early as 2028.

And despite $BTC, $ETH & $XRP ETFs seeing outflows, $SOL saw INFLOWS of $17.1M, certainly not something to be ignored when looking at the broader landscape.

Stablecoin issuers generated $5B in revenue, in 2025 from supply deployed on Ethereum & the ‘Realised Cap’ for New Bitcoin whales went parabolic.

We also saw UK regulators approve Valour’s $BTC and $ETH physical staking ETPs for retail trading on the London Stock Exchange & The VanEck Avalanche spot ETF (trading under the ticker VAVX), begin trading on Nasdaq.

‘Strategy’ purchased an additional 2,932 $BTC worth $264.1M, bringing their total holdings to 712,647 Bitcoin & China is on the BRINK of FLIPPING the U.S. as the top Bitcoin holder, despite maintaining a nationwide crypto ban. Interesting times ahead.

Now for the ‘Hot Topic’ - METALS

Gold reached an ATH of $5,598 & Silver smashed through $100, reaching an ATH of $121.

While this attracted huge amounts of retail and yes, even some crypto bros, what followed was one of the largest outflows in capital the market had ever seen in a single day:

Gold dropped 13% while silver NUKED a staggering 37%, wiping out a total of $7 TRILLION.

The real question is, will any of these new found profits in metals rotate in to Crypto?

While it remains to be seen, this chart from Bitwise: ‘BTC / Gold Ratio' - Global Liquidity Oscillator - suggests the turn is near.

While we’re looking at Bitwise charts, we will finish on a positive note:

Corporate Bitcoin holdings hit 1.1M $BTC worth $94B in Q4 25. With 19 new public companies entering.

So, while short term price action is painful in the moment, BIG money is here & it’s playing the long game.

That’s it from us this week! If it all gets too much, turn off the screen, touch grass & remember to look at the bigger picture.

Be sure to follow us on X @Crypto_Crib_ & we will be back again next week for the latest.