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Tether Gold's perpetual trading volume on Binance hits $6.4B, signaling strong demand amid price drop.

Market News
25 Mar 2026
Finbold
View Source
Neutral
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Tether Gold (XAUT) set a new daily record for perpetual trading volume on Binance, reaching $6.4 billion on March 23, a 220% increase from earlier in the month. This surge in trading volume coincides with a 12.33% price decline over the past 30 days, reflecting cautious market sentiment despite gold's typical safe-haven appeal amid geopolitical tensions. The rise in trading volume suggests heightened investor interest in tokenized gold, even as the price shows signs of potential bearish exhaustion due to global central banks' stance on inflation and energy prices. This dynamic may indicate a possible market rebound or increased volatility ahead.

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