Crypto News

What is driving Silver's surge? Since the beginning of the year, Silver has been on a steady rise, reaching all-time highs and surpassing Bitcoin in terms of market cap. This surge can be attributed to a few key factors: Increased industrial demand: Silver is widely used in various industrial applications, including electronics, solar panels, and medical devices. With the global economy rebounding from the effects of the pandemic, there has been a significant increase in demand for these products, leading to a surge in silver prices. Weak US dollar: The US dollar has been on a downward trend, making silver a more attractive investment for international investors. As the value of the dollar decreases, the price of silver tends to rise. Retail investor interest: With the rise of social media platforms like Reddit and Twitter, retail investors have been able to band together to drive up the prices of certain assets, including silver. This has led to a surge in interest an...