Home Cryptocurrency News Gold-Backed PAXG Token Spikes to $2.9K Amid Geopolitical Tensions Gold-Backed PAXG Token Spikes to $2.9K Amid Geopolitical Tensions Andrew M Apr 15, 2024 comments off Tweet on Twitter Share on Facebook Google+ Pinterest Bitcoin traded at a perfect negative correlation to PAXG in a sign of weak demand as a geopolitical hedge, according to one observer. Bitcoin Business Finance correlation Cryptocurrencies geopolitics