U.S. stocks see slight adjustments, precious metals surge, but blockchain concept stocks plunge—market divergence intensifies in late December

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【ChainNews】U.S. stocks closed with the same pattern again. The Nasdaq fell 0.09%, the Dow Jones dropped 0.04%, and the S&P 500 index declined 0.03%—the three major indices hardly moved, but the weekly performance was quite good, with the Nasdaq up 1.22% this week, the Dow up 1.2%, and the S&P 500 index increasing by 1.4%.

Interestingly, precious metals were the main focus this week. Spot silver surged intraday by as much as 10%, breaking through the $79 per ounce mark. As of now, silver has soared over 173% since the beginning of the year, making it a star performer of the year. Spot gold also didn’t stay idle, rising 1.12% to $4,531.1 per ounce, with a total increase of 4.44% this week. This wave of precious metals行情 somewhat reflects the market’s certain expectations of the macro environment.

On the other hand, the sentiment in blockchain concept stocks is much cooler. Strategy (MSTR) only increased by 0.06%, barely turning positive; Strategy (MSTR) fell 1.18%; Twenty One Capital (XXI) declined 1.36%; Circle (CRCL) dropped 1.66%. The entire sector shows clear divergence, with most moving downward.

From the market performance of stocks, bonds, and commodities, it appears that the market is re-pricing itself towards the end of the year, with precious metals gaining favor, while the enthusiasm for crypto-related concept stocks is cooling. Whether this divergence is temporary or indicates a deeper shift in the trend remains to be seen.

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StablecoinSkepticvip
· 12-27 01:08
Silver skyrocketed by 173%? Am I dreaming, or should I just clear out stocks and buy gold bars... --- The market is steady, but precious metals are soaring like this. It feels like the market is hinting at some danger signals. --- That 0.06% increase in MSTR is truly incredible. Is it joking with us? --- What does the booming precious metals market indicate? Risk assets are being pushed out, and the blockchain sector is hit hardest. --- What was BTC doing during the silver surge? This is called divergence, everyone. --- The weekly chart looks good, but this divergence is too extreme. Can someone tell me if next week will be a rebound or further plunge? --- If I had known earlier, I would have gone all-in on silver. Blockchain concept stocks are really underperforming this time. --- The surge in precious metals indicates that institutions are rushing to safe-haven assets. The crypto circle should be alert. --- That 0.06% rise in MSTR is truly funny. Is it insulting our intelligence? --- It feels like things will get more chaotic by the end of December. The contrast between precious metals and the crypto market is just too stark.
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StakeOrRegretvip
· 12-27 01:06
Silver 173%? Damn, what a monstrous market trend. Why didn't I get in... The blockchain side is being a bunch of cowards, this is awkward.
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ContractTestervip
· 12-27 01:02
Silver's increase is crazy, 173%... Meanwhile, blockchain concept stocks are still sluggish, really ironic.
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DegenRecoveryGroupvip
· 12-27 01:01
Silver up 10%? Wow, this pace is pretty intense, almost catching up with some small coins haha Blockchain concept stocks underperforming, I knew it would be like this, the market is really voting with its feet When precious metals are hot, the crypto circle is cold. This wave of divergence is quite clear, those cutting losses should run quickly MSTR only increased by 0.06%, might as well just lie flat, are you kidding me? Silver has a 173% increase, even better than my investment portfolio, feeling socially anxious
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TradFiRefugeevip
· 12-27 00:58
Silver 173%? Damn, this number is just too outrageous. Why am I still trading cryptocurrencies... The rigid nature of blockchain, I really should reflect on it.
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BlockTalkvip
· 12-27 00:48
Silver is up 10%? That's incredible. Buying gold now is making a killing. Why is our crypto circle still lying dormant?
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