Gold-Backed PAXG Token Spikes to $2.9K Amid Geopolitical Tensions

April 14, 2024 CoinDesk

Bitcoin traded at a perfect negative correlation to PAXG in a sign of weak demand as a geopolitical hedge, according to one observer.

Source: https://www.coindesk.com/markets/2024/04/14/gold-backed-paxg-token-spikes-to-29k-amid-geopolitical-tensions/?utm_medium=referral&utm_source=rss&utm_campaign=headlines

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