2026-01-20 03:30:30

Recent international developments have heightened risk aversion, with safe-haven sentiment clearly increasing. The US government’s threat to impose additional tariffs on Europe has directly boosted the appeal of traditional safe-haven assets. Spot gold once surged to $4690, ultimately closing at $4670.76 per ounce, a 1.64% increase; silver performed even stronger, closing up 4.69% at $94.30 per ounce. This rally in gold and silver reflects market concerns over risk assets, with significant capital flowing into traditional safe-haven instruments.

In contrast, the crypto market faces short-term pressure. Liquidity is under some strain, and market sentiment remains cautious. However, from another perspective, this phase is precisely a critical window for industry infrastructure development.

Notably, the New York Stock Exchange (NYSE) recently announced plans to launch a tokenized securities trading platform supporting stablecoin settlement, making 24/7 on-chain trading imminent. Meanwhile, the Bermuda government has partnered with a well-known compliance platform to promote a "full on-chain" economic pilot, accelerating the industry’s move onto the blockchain. This is a major positive for the industry’s long-term growth.

Regarding market performance, the privacy sector has defied the trend and rallied, with projects like Dash and Dusk attracting some investors. However, there is also bad news—Trove’s project team experienced a rug pull, with the market cap plummeting 97%, making it the first exit scam of 2026. This serves as a reminder for investors to carefully select projects.

Overall, macro risk aversion has indeed exerted short-term pressure on the crypto market, but ongoing participation from traditional financial institutions and upgrades in industry infrastructure are laying a more solid foundation for medium- and long-term development.

DASH-7,93%

DUSK2,61%

View Original

This page may contain third-party content, which is provided for information purposes only (not representations/warranties) and should not be considered as an endorsement of its views by Gate, nor as financial or professional advice. See Disclaimer for details.

14 Likes

Reward
14
5
Repost
Share

Comment

0/400

MevShadowranger

· 9h ago

Gold rises, silver also rises, but the crypto world is still being suppressed and beaten down. This wave of risk aversion is really intense. Speaking of NYSE going on-chain for trading, now that's the real big news. Traditional finance has settled stablecoin transactions? Are we not far from large-scale adoption? The Trove scam is a wake-up call. A 97% crash—how can such a project survive for so long? We need to learn how to identify these, guys. Are privacy coins still daring to jump up in this market? Interesting, it seems some people are really optimistic about this track. Liquidity crunch isn't scary; only when infrastructure is improved will it truly meet the demand. Short-term is short-term; medium-term, I am optimistic about traditional finance entering this wave. This time is different. NYC launching a tokenized securities trading platform... Honestly, if this really materializes, the entire ecosystem might be reshaped. Rug pulls are still pumping the market, while compliant projects dare not move. The market seems to be going against the norm. Wait, Bermuda's on-chain economic pilot? Now that's a real big move. Why is there so little discussion about it? Money is flowing into gold, but Flow is still running on the chain, indicating that some people still believe in the future of crypto.

View OriginalReply0

MetaverseVagrant

· 10h ago

Gold prices are rising so rapidly, why are our coins still sleeping? Is the NYSE going on-chain? Now traditional finance is really scared. Trove jumped directly 97%, hilarious, it's the first blood of the new year again. Wait, all the big funds have gone to hoard gold, our liquidity has been drained accordingly. This wave of pressure is short-term, once institutions are truly on-chain, let's see how they run. They say infrastructure is improving, but it feels like we're still using Stone Age tools for trading. The privacy coin rebound is interesting; people only realize the importance of privacy when they're scared.

View OriginalReply0

GweiObserver

· 10h ago

Gold is rising, we are falling, this is the reality NYSE is developing on-chain trading, sounds great but still depends on implementation Trove defaulted 97%, the big show at the beginning of 2026, this is why due diligence is necessary Short-term pain, but institutional entry is real, infrastructure cannot be missed this wave Safe-haven funds have all gone into gold, we need to wait for the wind to shift Privacy coins are rallying against the trend, this move is interesting On-chain traditional finance is a long-term logic, now it’s just a matter of who can survive until that day 24/7 on-chain trading is coming, is the spring for Bitcoin still far away? Tariff wars are heating up, cryptocurrencies will be in the dust for a while Bermuda’s pilot program, simply put, is exploring compliance pathways

View OriginalReply0

SoliditySurvivor

· 10h ago

The surge in gold is really a signal, traditional safe havens are all crowded, so why is crypto still being hammered? Wait, is NYSE really about to push on-chain trading? Now that's a game-changer. Trove has run away again... Has the 2026 rug pull already started? Folks need to be more cautious. Is it that fools with too much money are coming, or are risk assets really on the way? Hard to say. The countertrend rally of privacy coins is indeed interesting, but I still favor long-term infrastructure opportunities. Short-term pressure is high, but the mainstream institutions going on-chain is enough to make me optimistic about the future.

View OriginalReply0

MetaverseHomeless

· 10h ago

Gold prices are rising so sharply, funds are indeed fleeing from risk, but our crypto circle is the long-term winner. --- Did Trove run away again? Forget it, in this day and age, those who go all-in on small coins are really gambling. --- NYSE is developing an on-chain trading platform, this is the real game-changer; traditional finance is coming to take over. --- Liquidity pressure is an illusion; essentially, it's a shakeout. Let's wait and see. --- I see the recent surge in privacy coins against the trend; some people really understand the nuances. --- The surge in gold and silver as safe havens indicates the market is truly panicking, which actually gives the crypto space a chance to breathe. --- The Bermuda "full on-chain" pilot project—this news is significant; mainstream finance is really coming. --- Instead of following the gold trend, I prefer to focus on infrastructure improvements; that's what I bet on. --- Good reminder about rug pulls, but don't let it discourage you; the overall trend is still upward.

View OriginalReply0