Investors Shift to PAXG, XAUT
The post Investors Shift to PAXG, XAUT appeared on BitcoinEthereumNews.com.
As markets get shaky and investors hunt for safer ground, gold is once again proving to be a favorite. But this time, it’s not just the traditional yellow metal that’s winning attention, its digital versions are catching fire too. Recently Gold-backed cryptocurrencies like Paxos Gold (PAXG) and Tether Gold (XAUT) have been on a strong rally this year, climbing over 23% year-to-date. These digital tokens are pegged to physical gold and move in sync with its price. Khi thị trường vàng truyền thống tăng trưởng, các nhà đầu tư tiền điện tử cũng đang tìm đến các đồng tiền điện tử có tài sản bảo chứng vàng như Paxos Gold (PAXG) và Tether Gold (XAUT), với mức tăng trên 24% trong năm nay, tương đương với hiệu suất của vàng… pic.twitter.com/Pwgbv2dfid — CoinPhoton Việt Nam (@coinphoton_vn) April 14, 2025 In early 2025, both tokens touched new all-time highs above $3,300 before settling slightly lower. In comparison, Bitcoin has dropped over 11% this year, and the overall crypto market is down more than 30%, according to the CoinDesk 20 index. That’s why many investors are now turning to tokenized gold to protect their money. While Trump’s tariff war crashed the entire crypto market, Gold ETFs stayed strong and proved it’s still a valuable investment option. Why Tokenized Gold is Getting Attention The two top gainers PAXG and XAUT has become popular because they offer the best of both worlds, real-world asset backing and the flexibility of crypto. These tokens are backed by actual gold stored in vaults, but they can be traded easily on the blockchain. This makes them more liquid than traditional gold while still offering the same safe-haven qualities. With growing uncertainty in global markets, especially due to rising tensions between the U.S. and China, more investors are looking…
Filed under: News - @ April 14, 2025 7:22 am