Hyperliquid (HYPE), Binance Coin (BNB) Lead Crypto Gainers as Gold Hits $3,700 ATH
Key Notes
- Gold’s record-breaking surge to $3,700 reflects investor rotation into defensive assets amid Fed uncertainty and geopolitical tensions.
- Bitcoin struggles below $115,000 while altcoins like XRP, Solana, and Dogecoin posted moderate gains during Tuesday’s session.
- Hyperliquid and BNB emerged as top performers, signaling potential speculative positioning ahead of expected market volatility.
Gold price broke above $3,700 an ounce for the first time on Tuesday, September 16, as global investors rotated capital into safe-haven assets ahead of the Federal Reserve’s upcoming policy decision.
With markets still widely anticipating a Fed rate cut, recent sticky inflation readings and rising geopolitical tensions…