Digital Assets Overview: Gold Hits $4,000, Bitcoin Gains Ground; BNB Chain Shows Resilience

Bitcoin rebounded from Asian session lows near $121,000, climbing to $122,750, while gold continued its record-breaking rally above $4,000. Despite a 1.3% drop over 24 hours, market activity suggests profit-taking rather than panic.

The CoinDesk 20 Index fell 3% to 4,229 points, but select altcoins showed strength, with BNB, CAKE, and HASH posting gains. Gold-backed tokens XAUT and PAXG also tracked spot gold higher.

Singapore-based QCP Capital advised investors to “fade USD strength, stay long gold and BTC on dips, and brace for data-gap volatility.”

The market reflects continued demand for both safe-haven assets and resilient crypto plays amid broader volatility.