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Bitcoin traded at a perfect negative correlation to PAXG in a sign of weak demand as a geopolitical hedge, according to one observer.
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Gold-Backed PAXG Token Spikes to $2.9K Amid Geopolitical Tensions
![Omkar Godbole](https://morinda.info/wp-content/uploads/2024/04/R6QIPRRUH5BLJISJFYLDLW3XPQ.png)
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Bitcoin traded at a perfect negative correlation to PAXG in a sign of weak demand as a geopolitical hedge, according to one observer.
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Source link