Gold-Backed Tokens Hold Firm in $19B Crypto Rout, But Rally May Be Near Exhaustion

In the midst of a challenging period for the cryptocurrency market, where a staggering $19 billion has evaporated in value, gold-backed tokens have managed to maintain their stability and solid footing. However, there are indications that the recent upward momentum of these tokens may be approaching its limits, suggesting that a potential rally could be on the brink of exhaustion. Investors and analysts alike are closely monitoring these developments, weighing the strengths of gold-backed assets against the backdrop of a volatile market environment. source: https://www.coindesk.com/markets/2025/10/11/gold-backed-tokens-hold-firm-in-usd19b-crypto-rout-but-rally-may-be-near-exhaustion