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Gold-Backed Cryptocurrencies Retreat From All-Time Highs Amid Stock-Market Rout

The precious metal initially rallied after Trump unveiled reciprocal tariffs, but has since joined the wider market sell-off.

Apr 4, 2025, 3:44 p.m.
Gold bar (Scottsdale mint/Unsplash)
Even spot gold fell, dragging down gold-pegged cryptocurrencies, as financial markets tumbled. (Scottsdale mint/Unsplash)