A top analyst from crypto analytics firm Santiment says the crypto market is going through a quiet but important phase, even as gold and silver steal the spotlight.

Brian, an analyst at Santiment, explained that Bitcoin, Ethereum, and XRP are not collapsing. Instead, they are being ignored while money flows into precious metals due to global uncertainty.

Bitcoin Sentiment Turns Negative, But Not Dangerous

Over the past week, Bitcoin-related discussions jumped by 47%, but not for positive reasons. Many traders have been calling Bitcoin a “dead asset” simply because it has failed to keep up with gold and silver.