ChainCatcher News: Due to geopolitical turmoil and U.S. tariff policies, gold prices continue to hit record highs in 2026. At the end of January this year, gold briefly reached $5,417 per ounce and has recently remained above $5,000. The strong performance of gold has driven rapid growth in tokenized gold protocols: according to DefiLlama data, Tether Gold has increased 62% year-to-date to $3.7 billion, and Paxos Gold has grown 48% to $2.4 billion. Broader tokenization platforms Ondo Finance and Securitize also saw double-digit growth.
In contrast, the overall crypto market remains under pressure, with global market capitalization down over 21% since January 1. Bitcoin has even wiped out all its gains since Donald Trump was elected in 2024. Leading DeFi platform Aave’s deposits have shrunk by more than 19%.
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
23.38% Surge for OGN: What It Means for Investors
OGN's price surged 23.38% in 15 minutes, currently at $0.03356, driven by robust trading volume and market activity. Analysts cite macroeconomic factors and regulatory news influencing investor sentiment, while traders monitor key resistance and support levels.
Coinfomania10m ago
Bitcoin Supply Shock Imminent? Whale Holdings in Dormancy, Retail Selling Intensifies Price Volatility
The Bitcoin market is undergoing structural changes, with short-term holders selling off due to financial pressures, while long-term investors remain dormant, indicating potential supply shocks. Currently, Bitcoin is priced at $69,446, and although some holdings are at a loss, the stability of long-term holders could support the market. Analysts advise paying attention to on-chain indicators and whale activity to evaluate future price trends and liquidity risks.
GateNews24m ago
XRP Price Drops 45% While Spot ETF Still Holds $971 Million AUM, CEO Says Investor Confidence Unchanged
Despite XRP spot price declining 45%, Ripple's XRP ETF assets remain stable at $971 million, demonstrating strong market demand for XRP. CEO Garlinghouse believes this reflects institutional investor confidence, with the ETF experiencing no significant redemptions amid volatility and maintaining robust asset allocation strategies. Analysts note that stable ETF assets may support a future XRP price recovery.
GateNews27m ago
Musk Clarifies He Doesn't Hold Shiba Inu, Triggering Brief SHIB Volatility
Elon Musk recently clarified that he does not hold Shiba Inu (SHIB) tokens, putting an end to market speculation about his potential SHIB accumulation. This statement has drawn investor attention to SHIB's price fluctuations. Although Musk has not invested in SHIB, his association with Dogecoin continues to influence market sentiment around SHIB. The SHIB price has declined approximately 93.55% from its historical high.
GateNews31m ago
Mainstream CEX Listing Pi Coin Countdown, Market Bullish Sentiment Heats Up Before Pi Day
Pi Network community receives positive news with mainstream exchanges listing Pi coin on March 13, with market attention surging dramatically. Technical analysis shows PI/USDT in an uptrend with strong buying pressure, though short-term pullback risks warrant attention. This event could drive Pi coin to break through current price levels and form a new wave of upward momentum.
GateNews41m ago
Trump announces "Victory in Iran War," Bitcoin surges strongly back to $70,000, Ethereum rises in tandem
Trump announces that the U.S. military has achieved victory in the military operation against Iran, improving risk sentiment in the financial markets, and cryptocurrencies rebound. Bitcoin rises over 5% to re-enter the $70,000 level, with Ethereum and other digital currencies also recovering. Currently, the market is focused on the stability of the Middle East situation and international oil prices, which have a significant impact on Bitcoin's future trend.
GateNews54m ago