GOLD GOT HIT… AND $PAXG FOLLOWED
Gold and silver just experienced a brutal selloff, with billions in market value disappearing within hours. 💥
And $PAXG ? It simply followed its underlying asset. 🥇➡️📉
The pressure came from:
📈 Higher Treasury yields
💵 Stronger USD
🔥 Rising oil
🌍 Geopolitical uncertainty
PAXG is basically showing the gold shock on-chain.
$PAXG
#PAXG