Surge in Gold Trading Fuels $2B Daily Volume on Bitget TradFi Platform
Bitget's TradFi platform has achieved a significant milestone, surpassing $2 billion in daily trading volume. This surge underscores the growing interest in gold trading and the diversification efforts of crypto traders.
Crypto Traders Turn to Gold
Following the public launch of the Bitget TradFi platform on January 5, 2025, there has been a notable shift toward conventional market products by crypto enthusiasts. According to a press release, gold emerged as the most traded asset, reflecting its status as a preferred hedge during uncertain times.
Other assets like equity indices and forex pairs also attracted attention, with U.S. equity indices, silver, and euro-dollar pairs being particularly popular. The trend indicates a growing number of crypto users managing short-term risks by diversifying into traditional assets.
Stability in Crypto Market Dynamics
While a decrease in oil prices has temporarily eased inflationary pressures, markets remain cautious of supply risks. On-chain indicators suggest continued volatility, leading to a drop in asset supply on crypto exchanges. Conversely, stablecoin liquidity is on the rise, facilitating smoother trading. This trend highlights the dual demand for Bitcoin and gold as safe-haven assets during volatile market cycles.
ETF flows have stabilized, minimizing fears of widespread market capitulation. The Bitget TradFi platform is designed to support event-driven trading globally, allowing users to engage in traditional investments without leaving the crypto ecosystem.