El Salvador and Tether Turn to Gold as Bitcoin Strategy Faces Global Test | US Crypto News
Welcome to the US Crypto News Morning Briefing—your important rundown of a very powerful developments in crypto for the day forward.
Grab a espresso and settle in as a result of the worldwide reserve playbook is shifting once more. From San Salvador to Zurich, gold quietly reclaims its shine simply as Bitcoin (BTC) faces a important check on the world stage.
Crypto News of the Day: El Salvador and Tether Bet on Gold to Balance Bitcoin and Market Volatility
El Salvador made its first main gold buy in 35 years, including a brand new layer to its daring monetary experiment. The experiment has made headlines worldwide for adopting Bitcoin as a legal tender.
The Central Reserve Bank (BCR) introduced Thursday that it acquired 13,999 troy ounces of gold, price roughly $50 million. This boosts its whole holdings to 58,105 ounces, valued at about $207 million.
The transfer marks a big diversification in El Salvador’s reserves. A latest US Crypto News publication indicated how the nation has change into synonymous with Bitcoin, with consultants promoting El Salvador as Bitcoin’s Statue of Liberty.
“The Bitcoin Office’s ‘Bitcoin Historico’ occasion on the Presidential Palace in November… is a sign to the world that El Salvador is the brand new Statue of Liberty. The new Shining City on a Hill,” Max Keiser advised BeInCrypto.
El Salvador at the moment holds 6,290 BTC, price greater than $706 million. However, the newest transfer alerts to international markets that the nation’s curiosity goes past digital belongings.
“This acquisition represents a long-term positioning, based mostly on a prudent steadiness within the composition of the belongings that make up the nation’s worldwide reserves,” the BCR said in an announcement.
The buy follows gold’s recent rally to record levels above $3,500 per ounce. With international central banks, notably in China, India, and Russia, shopping for gold on the quickest tempo in a long time, El Salvador is aligning itself with a broader development of hedging towards financial uncertainty.
BeInCrypto just lately reported that the variety of firms buying Bitcoin for his or her treasuries has dropped to simply 2.8 per day.
This displays a possible saturation in traditional finance (TradFi) curiosity.
El Salvador’s Bridge Strategy Balances Gold Stability and Bitcoin Risk
From 2022 to 2024, gold and Bitcoin typically moved in tandem, benefiting from investor mistrust in conventional currencies.
However, 2025 has introduced a divergence. Gold is up about 16% year-to-date, whereas Bitcoin has slipped 6%, reflecting their completely different roles.
On the one hand, gold stays enticing as the “outdated cash” hedge for security. On the opposite hand, Bitcoin trades extra like a high-beta tech asset.
By holding each, El Salvador is hedging in two instructions: stability by way of gold and upside by way of Bitcoin.
The authorities just lately strengthened the safety of its Bitcoin holdings, distributing them across 14 wallets.
BeInCrypto reported a most of 500 BTC every as a precaution towards potential quantum-computing threats.
Analysts say the timing of this gold buy is strategic. It helps reassure worldwide lenders, including the IMF, that El Salvador manages reserves responsibly fairly than betting solely on Bitcoin’s volatility.
Some describe the twin strategy as a bridge technique, maintaining TradFi stakeholders snug whereas sustaining a high-upside guess on Bitcoin.
President Nayib Bukele has hinted at increasing gold mining operations domestically, which might additional improve the nation’s bullion reserves.
“Increasing our gold reserves…,” Bukele posted on X (Twitter).
This would deepen El Salvador’s hybrid reserve mannequin of gold and Bitcoin if realized. Meanwhile, El Salvador is just not alone in turning to gold.
Tether, the world’s largest stablecoin issuer, has additionally been constructing a multi-billion-dollar place in bullion, with $8.7 billion stored in Zurich vaults.
The firm has explored investments throughout the gold mining provide chain, calling the steel “pure Bitcoin.”
While the conservative mining sector has met Tether’s curiosity with skepticism, it displays a rising alignment between crypto and gold as complementary belongings.
A latest US Crypto News publication indicated Tether’s hedging technique towards fiat foreign money fluctuations, recording almost 80 tons of gold (valued at $8.7 billion). Its gold-backed token, XAUT, extends stablecoin utility to valuable metals, giving traders entry to tokenized gold with the advantages of blockchain.
Chart of the Day
The chart exhibits Bitcoin’s worth relative to gold since 2010, highlighting main peaks in 2013, 2017, and 2021, with regular upward dominance over gold by way of 2025.
Each spike (2013, 2017, 2021) displays Bitcoin bull runs, throughout which its worth surged in contrast to gold.
Even with corrections, the long-term development exhibits Bitcoin gaining buying energy over gold.
OneBitcoin buys extra gold right this moment than ever earlier than, proving it has outpaced gold as a retailer of worth, although with increased danger.
Byte-Sized Alpha
Here’s a abstract of extra US crypto information to comply with right this moment:
- ETH worth stalls as Ethereum ETFs record a four-day streak of negative flows.
- Justin Sun slams World Liberty Financial amid pushback over frozen tokens.
- Upbit listing announcement fuels 80% surge for RedStone (RED).
- Bithumb debut sends Euler (EUL) prices up 44% amid DeFi growth.
- Fireblocks launches payment networks for cross-border stablecoin flows.
- DOGE quo vadis: ETF nears and whales commerce aggressively.
- DeFi Development Corp. surpasses two million SOL as worth outlook strengthens.
- Stablecoin large Tether invests in gold mining firms.
- ETH staking queue surpasses unstaking in September.
Crypto Equities Pre-Market Overview
| Company | At the Close of September 4 | Pre-Market Overview |
| Strategy (MSTR) | $327.59 | $334.98 (+2.26%) |
| Coinbase (COIN) | $306.80 | $311.35 (+1.48%) |
| Galaxy Digital Holdings (GLXY) | $22.91 | $23.16 (+1.09%) |
| MARA Holdings (MARA) | $15.11 | $15.33 (+1.46%) |
| Riot Platforms (RIOT) | $13.16 | $13.40 (+1.82%) |
| Core Scientific (CORZ) | $13.62 | $13.70 (+0.59%) |
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