Market chaos is driving investors toward safety. Traditional assets like gold shine again—but with a twist.
Tokenized gold options such as Paxos Gold (PAXG) and Tether Gold (XAUT) are heating up. These coins don’t just follow hype—they track real-world gold prices.
Both tokens jumped over 23% this year alone. Their recent highs touched $3,300 before a minor dip.
Bitcoin Stumbles While Gold Tokens Climb
Bitcoin slipped more than 10% since January. Broader crypto markets sank almost 35%.
Amid the drop, gold-backed cryptos stayed strong. Traders now view them as a safer digital play.
Tokenized gold isn’t just a trend—it’s a response. Investors want real-world value with digital flexibility.
Geopolitics and Market Fear Fuel the Shift
Global uncertainty adds fuel to this shift. Policy moves—like tariffs under former President Trump—rattled the crypto space.
Gold and related ETFs, however, held firm. Their stability reinforces trust in gold-pegged digital assets.
As risk increases, value-backed tokens offer calm. Gold in digital form may just be crypto’s new safe haven.
Kosta Gushterov
Reporter at Coindoo
Kosta has been a part of the team since 2021 and has solidified his position with a thirst for knowledge, incredible dedication to his work and a “detective-like” mindset. He not only covers a wide range of trending topics, he also creates reviews, PR articles and educational content. His work has also been referenced by other news outlets.
Source: https://coindoo.com/gold-backed-crypto-surges-as-investors-exit-bitcoin/