The World is ‘Waiting on Crypto’ as This Precious Metal Jumps 270%

Bitcoin (BTC)’s long-anticipated breakout remains elusive, while a popular precious metal is surging in the crypto vs silver standoff.

New data highlighted by The Kobeissi Letter in an X post on January 26 shows silver outperforming Bitcoin by one of the widest margins on record. The divergence is raising questions about where capital is flowing and why cryptocurrency momentum has stalled.

Silver’s Rally Leaves Bitcoin Behind

Over the past 13 months, silver prices have surged by roughly 270%, whereas Bitcoin is down approximately 11% over the same period, according to data shared by The Kobeissi Letter.

The move has been powerful enough to push silver’s market capitalization to nearly 3.5 times that of Bitcoin, an extraordinary reversal given crypto’s dominance in recent years.

Price charts show silver accelerating sharply since mid-2025, with gains steepening as Bitcoin slipped into a prolonged consolidation phase.

Crypto vs Silver: Why Capital Is Favoring The Latter

Silver’s outperformance reflects a broader macro-driven rotation.

Precious metals have benefited from persistent inflation concerns, industrial demand, and renewed interest in hard assets as investors reassess risk exposure. Bitcoin, by contrast, has struggled amid regulatory uncertainty, delayed catalysts, and weaker speculative momentum.

The divergence suggests capital is seeking assets with immediate macro tailwinds, whereas crypto markets wait for a new trigger to reignite demand.

Meanwhile, the crypto industry’s representative asset is currently changing hands at the price of $87,814.67, suggesting a 0.8% decline on the day, a dip of 5.6% across the week, but an increase of 0.4% over the past month, per the latest data.

What This Means for Bitcoin’s Next Phase

Bitcoin’s underperformance does not necessarily signal structural failure, but it does highlight a pause in narrative dominance.

Historically, extended periods of relative weakness have often preceded sharp repricings once sentiment shifts. For now, however, the data shows investors allocating elsewhere, leaving Bitcoin in a holding pattern.

As The Kobeissi Letter put it:

“The world is waiting on crypto.”

Whether that wait ends with a breakout or further sidelining may define the next market cycle.

Bitcoin Price Today

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