silver’s market cap increase has surpassed bitcoin’s total market cap in just one month. it grew from approximately $3.9 trillion at the end of dec to about $5.8 trillion today...achieving a growth of $1.9 trillion, while bitcoin’s total market cap is around $1.8 trillion. i have two predictions: first, i believe silver’s rise is a smokescreen. silver does not have that many industrial uses; on the contrary, it is often just a byproduct of industrial production. the rise in silver likely masks the real demand for copper. second, i feel that btc, up to this point, still possesses strong speculative attributes. this means btc still belongs to the outer layer of the risk curve. the rise of precious metals like silver does not necessarily mean btc will follow them, but it undoubtedly proves that when liquidity is injected into the market, it is not difficult to move an asset ten times the size of btc’s market cap or even more. i don’t know when this liquidity will return to btc, but i know that when it does, it will be explosive.(Yishi)