Bybit’s Shunyet Jan predicts the continuous golden gathering amid a record increase, where the platform sees $ 10 billion to trade in gold in one day

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Shunyet Jan, head of derivatives and institutions in bybit, expects a continuous bullish momentum, pointing to many major factors.

Dubai, United Arab Emirates, April 3, 2025, Chainwire

Gold prices have crashed previous records, exceeding $ 3,100 an ounce, which enhances its location as a vital origin in an increasingly increasingly global scene. PipeThe second largest exchange of encrypted currency in the world is aware of trading, this dynamic matter in the decisive market and confirms its commitment to supply the cryptocurrency community with smooth access to various financial opportunities. As the first exchange of encryption to facilitate gold trading with USDT, the Bybit traders can benefit from these exceptional market movements.

Shunyet Jan, head of derivatives and institutions at bybitContinuous predictions, difficult momentum of gold, citing several main factors:

Strategic Central Bank accumulation:

Asian central banks actively diversify their reserves, which significantly increases gold bias while reducing dependence on the US dollar. This strategic shift creates a sustainable demand and exerts upward pressure on gold prices. Many countries are driven by the desire to reduce dependency on the US dollar, and have more diverse backup assets.

Continuous geopolitical instability:

The expected implementation of the new tariffs within the framework of the Trump administration provides great geopolitical uncertainty. These tensions are expected to continue, along with current global conflicts, which leads investors towards gold stability.
The uncertainty surrounding the global trade situation will lead to fluctuations in the market, which in turn will increase the demand for safe haven assets.

Gold is like reliable inflation:

Gold is still very important, especially since fears related to increased prices are intense. Unlike cryptocurrencies like Bitcoin, which showed an increasing association with the wider market trends, gold maintains its reverse relationship with inflationary pressures.
Because of the possibility of high inflation caused by new definitions and other economic factors around the world, investors move to gold to protect their assets.

The pre -emptive approach to the market trends led to the introduction Gold and FX trading In August 2024, followed by the launch of the Gold & FX commercial copies in January 2025. These initiatives have held access to traditional financial markets, which meet the needs of merchants from all levels of experience. With highlighting the popularity of the platform, the BYBIT 10 billion dollars of gold trading volume witnessed yesterday.

In addition, the BYBIT will launch XautusTTUTTUAL contracts today, providing traders more opportunities to interact with gold markets in an encrypted environment.

“The strategic integration of the BYBIT for gold and FX trading, as well as the trading of our innovative copies, shows our commitment to enabling merchants with various and accessible opportunities.”

About bybit

Pipe It is the second largest exchange of encrypted currencies in the world through trading size, as it serves a global community of more than 60 million users. Founded in 2018, bybit redefines openness in the decentralized world by creating a simpler and equal environmental system for all. With a strong focus on Web3, Bybit is strategically inconsistent with the leading Blockchain protocols to provide a strong infrastructure and drive innovation on the chain. She is famous for her safe custody, various markets, anchor user experience, advanced Blockchain tools, embodies the gap between Trafi and Defi, empowering builders, creators, and lovers to cancel the full capabilities of Web3. Discover the future of decentralized financing in Bybit.com.

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