Tether Gold reaches new all-time high as gold hits 3,000 – is this the next big trade?

Tether Gold (XAUT) has gained 14% as gold hits 3,040 USD, showcasing its appeal during economic turmoil.

The U.S. Dollar is experiencing inflation challenges, causing traders to seek refuge in assets like gold and Tether Gold, especially amid a 30% drop in the total crypto market cap.