Recently, there are serious concerns for the potential of hyperinflation due to all of the money printing, and the real possibility of the Fed raising interest rates to fight that. A market sentiment that the interest paid on bonds will be increasing. If interest rates go up, the trading value of existing bonds goes down. So investors start to pull out of bonds. This sentiment also pulls money out of commodities in general, including gold and silver, as they pay no interest at all.. Some of that money is going into crypto. Some into stocks.