Gold-backed tokens hold strong in $19 billion crypto rout, but rally may be close to exhaustion
While Bitcoin BTC$112,279.39ether ETH$3,834.06 and other major cryptocurrencies fell Friday in a $19 billion liquidation event, leading gold-backed digital assets bucked the trend amid the precious metal’s rally. Tokens tied to physical gold, including Paxos’ PAXG and Tether’s XAUT, were among the few to hold on, and even advance, as broader markets slumped. Bitcoin lost […]










