Precious Metals
Bitcoin surges above $112,000 amid gold and silver sell-off
Reported by AI
Bitcoin jumped above $112,000 on Tuesday after dipping below $108,000 earlier in the day, as gold and silver experienced sharp declines. Gold fell 5% to $4,130, marking its largest daily drop in years, while silver tumbled nearly 8%. The move comes after months of precious metals outpacing bitcoin amid economic uncertainties.