Tether Gold (XAUt) is trading around $4,985 per unit after posting a 1% gain over the past 24 hours, in line with the advance in physical gold, which remains close to the $5,000-per-ounce threshold. The token continues to attract inflows driven by a rotation into commodity-backed assets.
During the latest session, XAUt outperformed the broader crypto market, which showed more limited moves. The token holds a market capitalization close to $2.6 billion, with a circulating supply slightly above 520,000 tokens. Daily trading volume remains elevated and exceeds $283 million, confirming solid activity and active liquidity.
On-chain data shows concentrated purchases by whales, which accumulated more than 3,500 XAUt over recent days for a combined value above $15 million. These transactions coincided with the surge in gold prices and the recent expansion of liquidity channels.
From a technical standpoint, the $4,800 area acts as immediate support, while the $4,950 to $5,000 range concentrates the main upside reference in the short term.
Source: https://coinmarketcap.com/currencies/tether-gold/
Disclaimer: Crypto Economy Flash News are based on verified public and official sources. Their purpose is to provide fast, factual updates about relevant events in the crypto and blockchain ecosystem.
This information does not constitute financial advice or investment recommendation. Readers are encouraged to verify all details through official project channels before making any related decisions
