[Interactive Brokers: Bitcoin and Gold Show Converging Trends Again, Silver Recently Resembles 'Meme Stocks'] Odaily Planet Daily News – Steve Sosnick, Chief Strategist at Interactive Brokers, believes that silver has recently behaved similarly to 'meme stocks.' Although the strengthening of the U.S. dollar, following the news of Trump’s nomination of Federal Reserve Chair candidate Waller, has put pressure on silver trading, the decline in silver had already begun during overnight trading before the nomination news was made public. Additionally, data shows that over the past two years, the performance of gold and Bitcoin has been highly consistent, with their returns differing by only a few percentage points. Currently, these two asset classes are once again showing converging trends. Sosnick concluded by noting that while the psychology of investors seeking alternative assets and chasing momentum still exists, the phenomenon of 'meme-ifying' traditional commodities with thousands of years of history may be nearing its end. (Caixin)