PANews January 30th News, according to official sources, Gate founder and CEO Dr. Han expressed his views on the market positioning of gold and Bitcoin on the X platform. Dr. Han pointed out that, against the backdrop of rising global political and economic uncertainties, gold prices have hit new all-time highs, and market volatility has also significantly increased, with funds re-searching for certainty. Dr. Han believes that although the market has long compared Bitcoin to gold, the two are not fundamentally the same. The reason gold continues to be allocated during turbulent cycles is due to its repeatedly validated “safety floor” attribute over thousands of years of history; whereas Bitcoin has never been defined as a safe-haven asset, and its value logic is more about betting on future growth potential. As traditional financial assets continue to increase their participation in the crypto market, Gate has recently accelerated its layout in the TradFi sector, gradually expanding trading categories such as precious metals, foreign exchange, indices, and stocks. According to CoinGlass data, Gate XAUT (Gold) contracts’ 24-hour trading volume surpassed $483 million, ranking third globally.
Disclaimer: The information on this page may come from third parties and does not represent the views or opinions of Gate. The content displayed on this page is for reference only and does not constitute any financial, investment, or legal advice. Gate does not guarantee the accuracy or completeness of the information and shall not be liable for any losses arising from the use of this information. Virtual asset investments carry high risks and are subject to significant price volatility. You may lose all of your invested principal. Please fully understand the relevant risks and make prudent decisions based on your own financial situation and risk tolerance. For details, please refer to
Disclaimer.
Related Articles
New Crypto Buyers Enter the Market: Kazakhstan Plans to Invest Up to $350 Million
The Central Bank of Kazakhstan plans to invest up to $350 million in crypto assets, with investments starting from April to May, accounting for only 0.5% of reserves. At the same time, crypto assets seized by law enforcement will also be included in the national crypto fund, demonstrating the country's further recognition and cautious attitude towards cryptocurrencies.
PANews11m ago
Bitcoin Gold Price Soars 12.83%: Institutional Interest Grows
Bitcoin Gold's price surged by 12.83% to $0.554349, reflecting increased market interest, particularly from institutional investors. Active trading indicates growing retail participation. Traders are monitoring key price levels for potential future trends.
Coinfomania12m ago
UK Reform Party leader Farage invests in Bitcoin company Stack BTC, acquires 6.31% equity
UK Reform Party leader Nigel Farage invests in London Bitcoin company Stack BTC, acquiring a 6.31% stake. This funding round also attracted Blockchain.com to participate, with plans to jointly establish a Bitcoin reserve. Farage believes London should become a global cryptocurrency hub.
GateNews13m ago
Bitcoin shows resilience, options market indicates easing of downside concerns
Despite international oil prices rising to $115 and the market shifting to a defensive stance, Bitcoin has shown resilience, with options flow indicating reduced downside concerns. Market optimism towards Bitcoin is returning, with focus on this week's economic data.
GateNews27m ago
