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

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

Apr 15, 2024 - 00:30
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Gold-Backed PAXG Token Spikes to $2.9K Amid Geopolitical Tensions
Bitcoin traded at a perfect negative correlation to PAXG in a sign of weak demand as a geopolitical hedge, according to one observer.