Gold Plummets: $2.5 Trillion Lost in 24 Hours, Outpacing Bitcoin’s Entire Market Value

A staggering $2.5 trillion was erased from gold’s market value in a single day, marking one of its largest two-day drops since 2013. This sudden decline highlights the volatility even within traditionally safe assets amidst current economic uncertainties. Experts attribute this sell-off to FOMO-driven momentum and profit-taking following a period of strong gains that saw gold surge earlier this year. As cryptocurrencies like Bitcoin continue to fluctuate, these market shifts underscore the unpredictable nature of both traditional and digital assets in an evolving economic landscape.