Bitcoin stuck near $88,000 as gold's and silver's record-breaking rallies show exhaustion signs
Silver topped $115/oz and gold approached $5,100 as metals' momentum drew cross‑asset attention while bitcoin remained range‑bound.
Bitcoin traded near $88,000 as rallies in gold and silver prompted scrutiny of metals' momentum, with some indicators pointing to signs of exhaustion in the precious‑metals moves [1].
Silver surged past $115 per ounce, gaining nearly 12% in a session, while gold extended toward $5,100 as investors showed strong demand for hard assets and momentum buying intensified market moves [2][4].
Commentary noted the scale of the metals rally — "Gold and silver casually adding an entire bitcoin market cap in a single day," one analyst wrote — and traders and prediction‑market participants were actively weighing silver's ceiling and gold's staying power into 2026 [1][3].
Despite record highs in precious metals and a rotation toward hard assets, bitcoin remained range‑bound near $88,000 as markets assessed whether metals' rallies could sustain their momentum [1][4].
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Citations
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- 2Silver surges past $115/oz as gold extends rally toward $5100Crypto Briefing• Jan 26, 2026
- 3Polymarket Traders Weigh Silver’s Ceiling and Gold’s Staying Power Into 2026Bitcoin.com News• Jan 26, 2026
- 4Crypto Markets Watch Metals Surge as Silver Breaks $115 and Leads Risk Rotation Here Is WhyBlockNews• Jan 26, 2026
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