Search results for "XAU"
2026-03-20
06:52

Market Experts Insist Funds Won't Flow from Gold to Bitcoin, BTC Pullback Synchronizes with XAU

Market expert Benjamin Cowen stated that Bitcoin is unlikely to attract capital inflows due to a gold price pullback. Bitcoin and gold prices show high correlation in volatility, with Bitcoin recently declining from $76,000 to $70,000, while gold plummeted 8.54%. Although Bitcoin's price performance against gold demonstrates resilience, Cowen pointed out that market rotation has not yet occurred, and investors need to monitor Bitcoin's support levels to assess risks.
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BTC-2.28%
07:46

Within 24 hours, the total trading volume of XAU contracts across the entire network reached $1.537 billion, a 1.11% increase compared to the previous period.

Gate News Report, March 11 — According to CoinGlass data, the total 24-hour trading volume of XAU contracts across the entire network reached $1.537 billion, a 1.11% increase compared to the previous period. Among centralized exchanges, liquidity is mainly concentrated on leading platforms, with the top three exchanges by 24-hour trading volume being $1.011 billion, $170 million, and $124 million respectively.
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