Global uncertainty and hysteria push investors to liquidate risky assets 😱
We all see how the crypto market (and other financial markets) has been turbulent lately. The reason for this is simple - investors are pulling money out of high-risk and volatile assets and moving it into safe assets - traditionally this is gold and silver.
On January 14, the price of silver reached a historic high - $90 per ounce;
On January 20 (today), the price of gold reached a historic high - $4700 per ounce.
The crypto market is also not lagging and has tokenized safe assets - so you won't need to withdraw money from the exchange and can still earn 😁
$PAXG - a token backed by a physical stock of gold and equal to the value of an ounce of physical gold.
$XAG - a digital derivative, the price of which is tied to the international spot price of silver, while $XAU - is tied to the price of gold.
So, as we see, it is not necessary to withdraw money from the exchange and rush to buy ingots of precious metals to earn on them or keep money safe 🫱🏼🫲🏻
