Due to global uncertainties, gold is back near $5,000 again, doing what it always does as the hedge.

Meanwhile $BTC is still getting pushed lower, reacting like the risk asset it is when uncertainty spikes.

That's why it's important to watch the global pairs, they show how investors are positioned and where liquidity is actually flowing.

BTC
BTCUSDT
66,630.4
-0.69%

$XAU

XAU
XAUUSDT
4,996.65
-0.02%

$PAXG

PAXG
PAXGUSDT
4,999.34
+0.01%