The growing demand for tokenized gold reflects a major shift among cryptocurrency investors in response to Bitcoin's persistent volatility. In recent days, large digital wallets have converted over $14 million into digital gold, a defensive move driven by global geopolitical tensions and massive central bank acquisitions. According to NS3 data, Bitcoin is experiencing downward pressure with notable outflows from ETFs, with the price remaining stagnant around $70.24K. This arbitrage between assets offers a lesson to cryptocurrency market participants: while safe-haven assets like gold provide immediate stability, Bitcoin could regain its momentum once market liquidity conditions improve. This defensive rotation highlights the importance of prudent portfolio management during periods of uncertainty.

BTC2,77%
View Original
This page may contain third-party content, which is provided for information purposes only (not representations/warranties) and should not be considered as an endorsement of its views by Gate, nor as financial or professional advice. See Disclaimer for details.
  • Reward
  • Comment
  • Repost
  • Share
Comment
0/400
No comments
  • Pin

Trade Crypto Anywhere Anytime
qrCode
Scan to download Gate App
Community
  • 简体中文
  • English
  • Tiếng Việt
  • 繁體中文
  • Español
  • Русский
  • Français (Afrique)
  • Português (Portugal)
  • Bahasa Indonesia
  • 日本語
  • بالعربية
  • Українська
  • Português (Brasil)