Bitcoin, Ethereum Plunge tart door deze met goud gesteunde crypto's vandaag-dit is hoeveel Tether Gold en Pax Gold hebben gewonnen in 2025

5 months ago

Tue, Aug 26, 2025, 4:31 PM 2 min read

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Risk-off sentiment returned in the market, sending gold and its cryptocurrency derivatives slightly higher on Monday.

Spot gold was up 0.20% to $3,372.88 per ounce as of this writing, after crossing $3,380 earlier in the day.

The gains filtered down to physical gold-backed cryptocurrencies, with Tether Gold and PAX Gold up 0.23% each in the last 24 hours. In fact, the two coins were the market's biggest gainers in the 24-hour period.

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The latest spike pushed their returns in 2025 past 28%, aligning with that of spot gold.

Cryptocurrency	24-hour Gains +/-	YTD Gains +/-	Price (Recorded at 11:00 p.m. ET)
Tether Gold (CRYPTO: XAUT)	+0.23%	+28.58%	$3,370.03
PAX Gold. (CRYPTO: PAXG)	+0.23	+28.25%	$3,363.24

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Their gains contrasted with the decline in large-cap cryptocurrencies like Bitcoin (CRYPTO: BTC) and Ethereum (CRYPTO: ETH), which tumbled 3.23% and 7.77%, respectively, in the last 24 hours. Notably, Bitcoin was up only 17% year-to-date.

Additionally, major stock indexes, such as the Dow Jones Industrial Average and the S&P 500, closed lower.

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The correction wiped out Friday’s gains in stocks and cryptocurrencies, following Federal Reserve Chair Jerome Powell's dovish Jackson Hole speech.

Photo: oekka.k on Shutterstock.com

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This article Bitcoin, Ethereum Plunge Defied By These Gold-Backed Cryptos Today — This Is How Much Tether Gold And Pax Gold Have Gained In 2025 originally appeared on Benzinga.com