#数字资产市场动态 Silver's market value surpasses Apple? This has indeed been gaining momentum recently.

According to the latest data, silver's global market capitalization has risen to third place, only behind gold and a leading tech company. The surge in precious metals this time may seem sudden, but there are signs to follow.

**Geopolitical Landscape Is Changing**
The global political and economic landscape is adjusting, with the old order showing signs of loosening. Investors instinctively move toward safe-haven assets. This is human nature— the greater the uncertainty, the more urgent the need for safety cushions.

**The US Dollar Is Depreciating**
The Federal Reserve has opened the rate cut channel, and the dollar faces long-term depreciation pressure. Holding dollars now is like slowly shrinking, so institutions and retail investors are converting dollars into hard assets. The "value preservation" attribute of gold and silver is being amplified infinitely.

**Central Banks Are Stockpiling Gold**
In recent years, central banks worldwide have continued to increase their gold holdings, setting an example. When major institutions do this, subsequent funds follow suit, creating a herd effect.

**Supply Is Starting to Tighten**
As buying increases, silver, which was not previously considered scarce, is now being talked about as having a "tight supply." Has demand truly changed? Or are psychological expectations driving prices higher? Both factors play a role.

**It's Essentially a Capital Game**
Ultimately, this surge is driven by large funds betting on market uncertainty. The more chaotic the macro environment, the more attractive precious metals become. Silver reaching the top three indicates what? — The market is collectively entering risk-averse mode.

In this context, a question worth pondering is: **$BTC Can it really become digital gold?** Or is it still a risk asset that will fluctuate with the market?

From recent trends, the answer is given by actions— when global uncertainty increases, those value carriers tested by time are more easily embraced again. Whether ancient precious metals or emerging digital assets, they all point in the same direction: seeking certainty. The story of silver may just be the prologue.