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The gold-backed crypto assets performed unaffected by the market fall, with both PAXG and XAUT rising.
Golden Finance reports that the cryptocurrency market has seen a fall today, possibly due to investors reducing their exposure to risk assets amid concerns over macro policy changes in April. The liquidation scale has exceeded 300 million dollars in the past 24 hours, with BTC dropping to the 82,000 dollar range. However, gold-backed cryptocurrencies are reversing the market’s bearish trend, with PAXG rising by 0.7% and XAUT increasing by about 1% in the past 24 hours. (Coindesk)