Bitcoin Liquidations Hit $148M in Price Surge

Silver Surpasses Alphabet in Market Capitalization

• Silver has become the fourth-largest asset by market capitalization, surpassing Alphabet with a valuation of approximately $3.7 trillion.
• The price of silver recently exceeded $66 for the first time, contributing to its 125% increase this year.
• Strong demand from renewable energy, electric vehicles, and data centers is driving silver’s rally.
• The rise in silver’s value follows a mixed US labor report indicating rising unemployment but stronger payrolls.
• Investors are focusing on inflation data and Federal Reserve remarks as markets anticipate stable interest rates in January.

Silver’s market capitalization has surged past Alphabet, reaching around $3.7 trillion due to increased demand from various industries and tight inventories. The metal is now approaching Apple’s valuation of roughly $4 trillion.