President Trump

Gold

<p>Silver crashed below&nbsp;<strong>$55.50</strong>&nbsp;today, hitting its lowest level in 7.5 months. The sell-off was sudden and violent.</p>
<p>Over&nbsp;<strong>$600 billion has been wiped out from Gold and Silver after Iran threatened to shut the Bab el-Mandeb Strait, a critical shipping chokepoint connecting the Red Sea to the Gulf of Aden. Gold is down -1.7%, erasing $485 billion</strong>. Silver is down -3%, wiping out&nbsp;<strong>$100 billion</strong>.</p>
<p>Bitcoin and Ethereum are also down 2% and 3% respectively in the past day. The market drop was triggered by a sharp unwind of over-leveraged long positions. Bitcoin saw&nbsp;<strong>$42.64 million</strong>&nbsp;in liquidations over 24 hours, with long liquidations surging&nbsp;<strong>83.23%</strong>&nbsp;– a classic sign of a forced selling cascade.</p>
<h2 class="wp-block-heading" id="silver-crashes-below-55-50">Silver Crashes Below $55.50</h2>
<p>Silver’s drop below $55.50 marks a big breakdown. <a href="https://captainaltcoin.com/heres-why-silver-price-crash-from-over-100-isnt-over-and-where-it-actually-bottoms/" rel="noopener noreferrer nofollow">The metal has been in a downtrend</a> since the January highs above $100. The current move is accelerating to the downside.</p>
<p>Iran’s threat to shut the Bab el-Mandeb Strait has spooked markets. The strait is a major route for oil and goods. Any disruption would send oil prices soaring, which would keep inflation high and the Fed hawkish. That is bearish for silver.</p>
<p>The RSI on silver is approaching oversold territory, but there is no clear support below $55. The next levels are $53 and $50. A break below $50 would be psychologically significant.</p>
<p><em><span><strong>Read also: <a rel="noopener noreferrer nofollow">The One Silver Chart That Predicted Every Major Move for 50 Years</a></strong></span></em></p>
<h2 class="wp-block-heading" id="gold-etf-outflows-at-record-levels">Gold ETF Outflows at Record Levels</h2>
<p>The largest US gold-backed ETF,&nbsp;<strong>GLD</strong>, has recorded -$14.4 billion in outflows since March 1. That is 50% more than the -$9.6 billion in outflows seen across all Bitcoin ETFs since the October peak.</p>
<p>The outflows have been relentless:</p>
<ul>
 <li><strong>March:</strong>&nbsp;-$8.5 billion (largest monthly withdrawal on record)</li>
 <li><strong>April:</strong>&nbsp;-$1.7 billion</li>
 <li><strong>May:</strong>&nbsp;-$872 million</li>
 <li><strong>June:</strong>&nbsp;-$3.2 billion</li>
</ul>
<blockquote class="twitter-tweet">
 <p>BREAKING: The largest US gold-backed ETF, <a href="https://x.com/search?q=%24GLD&amp;src=ctag&amp;ref_src=twsrc%5Etfw" rel="noopener noreferrer nofollow">$GLD</a>, has recorded -$14.4 billion in outflows since March 1st.<br><br>This is 50% more than the -$9.6 billion in outflows seen across all Bitcoin ETFs since the October peak.<br><br>In March alone, investors withdrew -$8.5 billion from <a href="https://x.com/search?q=%24GLD&amp;src=ctag&amp;ref_src=twsrc%5Etfw" rel="noopener noreferrer nofollow">$GLD</a>, the… <a href="https://t.co/0Wvwlqxpxi" rel="noopener noreferrer nofollow">pic.twitter.com/0Wvwlqxpxi</a></p>— The Kobeissi Letter (@KobeissiLetter) <a href="https://x.com/KobeissiLetter/status/2077751610126512490?ref_src=twsrc%5Etfw" rel="noopener noreferrer nofollow">July 16, 2026</a>
</blockquote>
<p>Outflows have eased in July, with withdrawals tracking at -$46 million month-to-date. That could be a sign that the selling is slowing. But <a href="https://captainaltcoin.com/heres-why-gold-price-is-crashing-right-now-2/" rel="noopener noreferrer nofollow">the damage for the gold price</a> has been done.</p>
<p>When gold ETFs bleed, gold price follows. The outflows reflect institutional investors reducing exposure to precious metals.</p>
<h2 class="wp-block-heading" id="crypto-clarity-act-not-passing-this-year">Crypto Clarity Act Not Passing This Year</h2>
<p>Just as crypto was hoping for regulatory clarity, another blow landed. <a href="https://captainaltcoin.com/crypto-news-today-white-house-meets-on-clarity-act-as-bitcoin-price-faces-a-big-test/" rel="noopener noreferrer nofollow">The Crypto Clarity Act is&nbsp;<strong>not projected</strong></a><strong> to be signed into law this year</strong>&nbsp;despite President Trump meeting with Senators today to help advance the bill.</p>
<p>This is a huge disappointment. The market had been pricing in a higher probability of passage. The delay adds to the uncertainty that has kept crypto under pressure.</p>
<p>The Clarity Act was supposed to provide a federal framework for digital assets. Without it, the regulatory overhang remains. Institutions will continue to sit on the sidelines.</p>
<blockquote class="twitter-tweet">
 <p>JUST IN: <img src="https://s.w.org/images/core/emoji/17.0.2/72x72/1f1fa-1f1f8.png" alt="🇺🇸"> Crypto Clarity Act is not projected to be signed into law this year despite President Trump meeting with Senators today to help advance the bill. <a href="https://t.co/fC8ozE8vHj" rel="noopener noreferrer nofollow">pic.twitter.com/fC8ozE8vHj</a></p>— Watcher.Guru (@WatcherGuru) <a href="https://x.com/WatcherGuru/status/2077809969634631735?ref_src=twsrc%5Etfw" rel="noopener noreferrer nofollow">July 16, 2026</a>
</blockquote>
<h2 class="wp-block-heading" id="middle-east-tensions-escalate">Middle East Tensions Escalate</h2>
<p>The broader macro backdrop is deteriorating. Tensions in the Middle East are escalating again. The US announced its&nbsp;<strong>sixth consecutive night of strikes on Iran</strong>.</p>
<p>There is no clarity on what will happen next. The market hates uncertainty. Every escalation brings more selling.</p>
<p>For crypto, this is not good news. A lot of crypto enthusiasts expected the conflict to de-escalate this year. Instead, it is getting worse.</p>
<h2 class="wp-block-heading" id="forced-liquidations-in-crypto">Forced Liquidations in Crypto</h2>
<p>The market drop was triggered by a big unwind of over-leveraged long positions. Bitcoin saw&nbsp;<strong>$42.64 million</strong>&nbsp;in liquidations over 24 hours, with long liquidations surging 83.23%.</p>
<p>This is a classic sign of a forced selling cascade. When leveraged longs get liquidated, exchanges automatically close positions, creating additional selling pressure. That accelerates the decline.</p>
<p>Ethereum and altcoins followed Bitcoin lower. The selling pressure is broad-based.</p>
<h2 class="wp-block-heading" id="final-take">Final Take</h2>
<p>The simultaneous crash in silver, gold, and crypto is driven by a common cause: geopolitical uncertainty and a strong dollar.</p>
<p>Iran’s threat to shut the Bab el-Mandeb Strait is the immediate trigger. Higher oil prices keep the Fed hawkish. A hawkish Fed strengthens the dollar. A stronger dollar pressures gold, silver, and crypto.</p>
<p>The Clarity Act delay adds to the uncertainty for crypto. The record gold ETF outflows show institutions are reducing exposure.</p>
<p>For silver, the breakdown below $55.50 is significant. The next levels are $53 and $50. For gold, the 200-day moving average near $4,100 is the key level to watch.</p>
<p>For crypto, the forced liquidations are a sign that the selling is not over. The bottom may not be in yet.</p>
<h2 class="wp-block-heading" id="faqs">FAQs</h2>
<div class="wp-block-uagb-faq uagb-faq__outer-wrap uagb-block-82dc26f3 uagb-faq-icon-row-reverse uagb-faq-layout-accordion uagb-faq-expand-first-false uagb-faq-inactive-other-true uagb-faq__wrap uagb-buttons-layout-wrap uagb-faq-equal-height uagb-faq__wrap uagb-buttons-layout-wrap">
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  <div class="uagb-faq-questions-button uagb-faq-questions"><span></span><span></span><span><strong>Why are silver, gold, and crypto crashing together<img src="https://s.w.org/images/core/emoji/17.0.2/72x72/2753.png" alt="❓"></strong></span>
  </div>
  <div class="uagb-faq-content">
   <p>Geopolitical uncertainty, a strong dollar, and forced liquidations. Iran’s threat to shut a key shipping route is the immediate trigger.</p>
  </div>
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 <div class="wp-block-uagb-faq-child uagb-faq-child__outer-wrap uagb-faq-item uagb-block-50b37f5f ">
  <div class="uagb-faq-questions-button uagb-faq-questions"><span></span><span></span><span><strong>What is the Bab el-Mandeb Strait<img src="https://s.w.org/images/core/emoji/17.0.2/72x72/2753.png" alt="❓"></strong></span>
  </div>
  <div class="uagb-faq-content">
   <p>A critical shipping chokepoint connecting the Red Sea to the Gulf of Aden. Disruption would send oil prices soaring.</p>
  </div>
 </div>
 <div class="wp-block-uagb-faq-child uagb-faq-child__outer-wrap uagb-faq-item uagb-block-2ec6c442 ">
  <div class="uagb-faq-questions-button uagb-faq-questions"><span></span><span></span><span><strong><strong>Will gold recover</strong><img src="https://s.w.org/images/core/emoji/17.0.2/72x72/2753.png" alt="❓"></strong></span>
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  <div class="uagb-faq-content">
   <p>The outflows from GLD have been historic. But outflows have eased in July, which could be a sign of slowing selling.</p>
  </div>
 </div>
</div>
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<p>The post <a href="https://captainaltcoin.com/heres-why-silver-gold-and-crypto-prices-are-crashing-right-now/" rel="noopener noreferrer nofollow">Here’s Why Silver, Gold, and Crypto Prices Are Crashing Right Now</a> appeared first on <a href="https://captainaltcoin.com" rel="noopener noreferrer nofollow">CaptainAltcoin</a>.</p>

Here’s Why Silver, Gold, and Crypto Prices Are Crashing Right Now

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