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Tokenized gold demand rises as Bitcoin lags, raising Q2 risks amid macro uncertainty.

Market News
12 May 2026
AMBCrypto
View Source
Neutral
pluang ai news

In Q1 2026, Bitcoin fell over 22% despite a late-month bounce, while tokenized gold (XAUT) trading volume surged past $90 billion, surpassing 2025's total. This divergence shows investors favoring tokenized gold over Bitcoin amid market uncertainty. In Q2, Bitcoin gained initially, supported by easing oil prices, but geopolitical tensions and macroeconomic fears have returned, causing Bitcoin to pull back. If risk-off sentiment grows, capital may rotate back into tokenized gold, potentially pressuring Bitcoin's momentum and risking a Q1-style correction.

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