The Sunday night dip in the crypto market was partly due to concerns about a potential gap at the Monday opening for gold and silver. At 7 AM in Asia, gold and silver opened with a gap but quickly recovered. B E followed suit as well. Haha, this is great. Previously, people said the crypto market followed U.S. stocks, but now it’s tracking precious metals. Bybit’s XAUT/USDT trading pair reflects market trends pretty well. When gold and silver aren’t hot, the spot trading volume is around 20 million. Last week, it surged to 100 million. These past few days, it’s dropped to 60–80 million. When sentiment is low, there’s a negative premium of over $20. When things pick up, there’s a positive premium of over $20.