Bitcoin Vs Silver: 1979 Boom And Bust Repeated?
Bitcoin Vs Silver: 1979 Boom And Bust Repeated?
In Brief
- • Bitcoin–silver behavior is echoing a historic boom-bust setup.
- • Volatility metrics signal a rare market inflection point.
- • The shift raises caution heading into 2026.
Bitcoin (BTC) and silver are beginning to move in ways that echo one of the most famous commodity episodes in modern financial history, according to Bloomberg Intelligence strategist Mike McGlone.
Specifically, McGlone compared today’s cryptocurrency market conditions with the 1979 silver squeeze led by the Hunt brothers, a period marked by explosive price action, extreme volatility, and a sharp shift in sentiment once momentum faded.
While Bitcoin and silver are very different assets, McGlone argues their current positioning shows striking structural similarities, according to the analysis he shared in an X post on December 30.
Latest Stories
Which Blockchains Generate Real Revenue? Fees, Token Incentives and the Numbers That Matter
Are Stablecoin Reserves Really Safe? We Compare the Latest Disclosures
The Hidden Risks of Tokenized Stocks: What Investors Actually Own
How do you rate this article?
Subscribe to our YouTube channel for crypto market insights and educational videos.
Join our Socials
Briefly, clearly and without noise – get the most important crypto news and market insights first.
Most Read Today
1
Bitcoin ETF Inflows Collapse 88% — But On-Chain Activity Is Heating Up
2Noah Closes a $38M Seed Round as Stablecoin Payments Move Beyond the Wallet
3Billions On The Line As ETH Hits Its Max Pain Level
4From $300 to $2.1 Million: Crypto Trade That Opened 2026 With a Bang
5AI Traces $387M Bitget Heist to North Korea as 2026 Losses Cross $1B
Latest
8
Also read
Similar stories you might like.
Blockchain
Which Blockchains Generate Real Revenue? Fees, Token Incentives and the Numbers That Matter
TechGaged | 2026-10-10
Crypto Guides
Are Stablecoin Reserves Really Safe? We Compare the Latest Disclosures
TechGaged | 2026-10-10
Blockchain
The Hidden Risks of Tokenized Stocks: What Investors Actually Own
TechGaged | 2026-10-10
Blockchain
Go-Ethereum v1.17.8 Arrives With Amsterdam Fork Preparations
Rokas | 2026-10-10
Crypto News
The CFTC’s New Crypto Rules Have a Major Blind Spot — Here’s What They Actually Cover
TechGaged | 2026-10-10
Crypto Guides
What Happens If a Layer 2 Sequencer Stops? Check the Exit Before Depositing
TechGaged | 2026-10-07
Crypto Guides
Before You Bridge Crypto: A Checklist for the Asset, Route and Exit
TechGaged | 2026-10-07
Crypto Guides
Tokenized Treasury Funds vs. Stablecoins: What You Own and How You Exit
TechGaged | 2026-10-07
Crypto Guides
A Whale Sent Crypto to an Exchange: How to Check Whether It Signals Selling
TechGaged | 2026-10-07
Crypto Guides
Rising DeFi TVL Does Not Always Mean New Money: How to Read the Data
TechGaged | 2026-10-07