Gate Founder Dr. Han: Gold represents the safety floor, Bitcoin bets on the future upside.

GateNews
BTC-0.41%
XAUT0.65%

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.

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eth800btc8000vip
· 01-30 14:09
This is about giving up cryptocurrencies and moving towards tokenized assets.
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