Article Summary

**Gold Reaches Record $4,100 High as Bitcoin and Ethereum Face Sharp Declines** Gold has surged to an unprecedented $4,100 per ounce, marking a historic milestone as cryptocurrency markets experience significant volatility. The precious metal's Relative Strength Index (RSI) has reached its highest overbought level in 45 years, signaling extraordinary bullish momentum amid widespread market uncertainty. Meanwhile, major cryptocurrencies are retreating as Bitcoin (BTC) dropped 3.06% and Ethereum (ETH) declined 4.43%, reflecting broader digital asset market corrections. This divergence highlights traditional safe-haven assets gaining favor over volatile crypto investments during current market conditions. Investors seeking exposure to gold's rally while maintaining blockchain technology benefits can utilize PAXG (Pax Gold), a cryptocurrency token backed 1:1 by audited physical gold reserves. Operating under New York Department of Financial Services (NYDFS) supervision, PAXG enables seamless conversion from Bitcoin or Ethereum into gold-backed digital assets. This flight to precious metals demonstrates shifting investor sentiment as traditional store-of-value assets outperform cryptocurrency markets, potentially signaling broader macroeconomic concerns driving portfolio reallocation strategies across DeFi and traditional finance sectors.