RE:Crypto Soars!
Gold and silver have been, after crypto, the highest gaining asset year to date.
Crypto is highly speculative with high volitility while gold is a longer term tangible store of value that has since the begining of 2023 became a tier one asset competing with treasuries which is the reason central banks have been dumping treasuries for gold.
Cyrpto buyers are not the same buyers as buyers of gold. Gold buyers are the central banks, soveriengns, and middle east and far east cultures that have a history of storing wealth in gold and silver.
Money going to crypto is not money being diverted from gold buyers. That is why both crypto and gold have been out performing all other assets.
Gold's perferformance is just behind Bitcoin
https://www.zerohedge.com/markets/trump-presidency-quick-thoughts-market-impact