January 3rd Gold and silver prices pulled back Wednesday after hitting recent peaks. At press time, gold traded at $4,331 (down 4.82% from its peak), while silver stood at $72.8 (down 13.1% from its peak). Following precious metals’ weakness, the crypto market staged a stabilizing rebound. Per HTX data, Bitcoin surged overnight to break above $90,000 resistance, hitting a high of $90,961. It now holds above $90k at $90,157. Driven by Bitcoin’s rebound, the crypto space saw a New Year rally, with PEPE leading altcoin gains. Key 24-hour moves: – ETH: +4.31% to $3,129 – SOL: +5.13% to $132.63 – PEPE: +24.6% to $0.00000612 – SUI: +13.87% to $1.669 – VIRTUAL: +13.22% to $0.786 – DOGE: +12.53% to $0.142 In U.S. equities, crypto-related stocks trended higher even as the Nasdaq edged lower. Notable gains: – Coinbase (COIN): +4.59% – Circle (CRCL): +5.26% – MicroStrategy (MSTR): +3.43% – Bitmine (BMNR): +14.88% – SharpLink Gaming (SBET): +8.39% Garrett Jin, agent for “BTC OG Insider Whale,” noted Dec 25, 2025: “As precious metals pulled back sharply, Bitcoin and Ethereum rebounded. Precious metal positions were overly crowded and short-term overbought, raising risk exposure — triggering profit-taking as funds shifted from overheated trades to undervalued assets.” After U.S. stocks opened yesterday, Jin doubled down: “Gold/silver hit a cyclical peak, with funds rotating into crypto. Inflows may continue, momentum could accelerate, and a short squeeze is possible — no major pullback expected in this cycle.”
