Precious metals are attractive to savers because they are viewed as a kind of safe-haven asset. This means that they tend to increase in value when the economy, markets, or the dollar are performing poorly.
Silver prices are rising and the precious metal is outpacing gold as a result of a change in risk mood, a weaker US dollar, and increased anticipation that the Federal Reserve would lower interest rates in the second half of the year.
Bitcoin will surpass $50,000 this year as the Federal Reserve changes course and lowers interest rates, but it will fall short of setting a new record high. Ran Neuner, the creator and host of Crypto Banter, claims that.