Bybit Launches XAUT Trading Amid Record Gold Rally and Global Uncertainty
03.04.2025 14:17
Bybit, the world’s second-largest cryptocurrency exchange by trading volume, has introduced XAUT perpetual contracts to offer crypto-native gold trading alongside its traditional FX products. The move comes as gold prices break new all-time records, surpassing $3,100 per ounce, driven by unprecedented daily trading volumes and strong market activity exceeding $10 billion. As gold cements its role as a defensive asset amid rising geopolitical tensions and inflationary pressures, Asian central banks are diversifying away from US dollar reserves by acquiring gold bullion. In addition to emphasizing gold’s safe-haven status, the commentary highlights a subtle shift in market dynamics, noting that while Bitcoin’s correlation with risk assets has increased, gold continues to act as a crucial inflation hedge. Bybit’s strategic decision to integrate innovative trading features, including the recently launched Copy Trading for Gold & FX, further bridges traditional finance with decentralized systems, offering traders enhanced options during times of global instability.
The launch of XAUT trading products on Bybit is expected to positively impact its price dynamics. In the short term, increased trading volumes and expanded market accessibility may drive demand, leading to upward price pressure. The long-term outlook is bolstered by gold’s historical role as a safe haven during periods of geopolitical tension and inflation, suggesting that as more investors seek stability, XAUT could benefit from sustained interest. The credibility and scale of Bybit’s market expansion, combined with central bank diversification into gold, reinforces the possibility of a meaningful, quantifiable price increase, based on robust market indicators and historical trends.
While Bitcoin is not the primary focus of this initiative, its price may experience indirect effects. In the short term, investors’ shifting focus towards safe-haven assets like gold could result in a slight diversion of capital away from BTC, potentially dampening its immediate momentum. However, given Bitcoin’s entrenched position as a leading risk asset and its historical resilience, the long-term impact is likely to be minimal. The established correlation between Bitcoin and broader risk assets suggests that any negative pressure will be temporary, and BTC may eventually stabilize as market participants balance their portfolios.
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