Gold-backed cryptocurrencies are unaffected by the market drop, with PAXG and XAUT both rising
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Planet Daily News: Due to investors' concerns about macroeconomic policy changes in April and reduced exposure to risk assets, the cryptocurrency market experienced a decline today, with liquidation volumes exceeding $300 million in the past 24 hours, and BTC falling to the $82,000 range. However, cryptocurrencies backed by gold are reversing the market's bearish trend, with PAXG rising 0.7% in the past 24 hours and XAUT increasing by approximately 1%. (Coindesk)
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