Gold-Backed Crypto: A Safe Haven in the October Crash
Update: 2025-10-11
Description
Crypto bloodbath! Bitcoin and Ether crashed in a $19 billion liquidation, but gold-backed tokens like PAXG and XAUT emerged as surprising winners, mirroring gold's safe-haven status. Are these digital gold coins the ultimate crypto refuge, or is gold's eight-week rally about to hit a wall? With an overbought market and global tensions rising, the crypto world faces an uncertain future while gold-backed assets brace for a potential turning point.
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