TGF Premium ⭐ MDDODO Posted January 30 TGF Premium Posted January 30 It is quite a moment for precious metals. Seeing Gold gain value equivalent to Bitcoin’s entire market cap in a matter of days is a rare market event. To see how this translates into actual trading activity, the data on BingX TradFi is quite revealing. The 24h volume for Gold has cleared $1.6B, while Silver sits at $180M. These figures suggest that the liquidity is moving far beyond just hype and into sustained institutional level participation. #BingXTradFi Do you think this current momentum in metals is a temporary hedge, or are we seeing a long term structural shift away from traditional currencies?
essamattougui Posted February 3 Posted February 3 The fact that gold reached a trading volume of $1.6 billion in 24 hours indicates a significant shift in institutional capital flows. This could be evidence of a long-term change in hedging and investment strategies. Melon sandbox
Henry Posted February 3 Posted February 3 I think it’s more of a temporary thing. While Bitcoin is unstable, a lot of people are just putting money into gold and silver because they feel safer. It’s a typical move when the market is nervous. Once BTC stabilizes again, and it probably will, a lot of that money will go back into crypto.
AliceSun Posted February 3 Posted February 3 Of course this is all short-term. Precious metals have always been a temporary way to preserve capital during crypto downturns. You just need to wait, and everything will go back to normal again.
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