Woofun AI reports that Bitcoin, gold, and silver are undergoing a synchronized sharp decline, signaling the collapse of the "currency debasement trade" theme sustained over the past two years. Gold has fallen below $4,000, down approximately 28% from its January 2025 all-time high of $5,600, while silver has dropped more than 50% from its $120 peak.

Bitcoin has decreased by roughly 50% from its October high, briefly touching $58,000 and falling beneath the key long-term support level of the 200-week moving average at around $60,000. This reversal stems from aligned macro forces, including Federal Reserve Chair Powell’s hawkish signal at the first interest rate meeting, with markets pricing in two 25-basis-point rate hikes by March 2027. Consequently, the U.S. dollar rose 0.8% weekly, increasing the opportunity cost for non-yielding assets. Although Bitcoin has outperformed gold and silver since February lows, analysts observe its dual role as a speculative risk asset and fiat hedge is currently pointing downwards.