Is Ethereum replacing tokenized gold and silver as the new on-chain hedge?

Gold has pushed to fresh record highs as Bitcoin loses momentum, a growing divergence between traditional safe-haven assets and crypto.

The Taker Buy/Sell Ratio showed that the 90-day taker aggression Z-score reached -1.81.

Ethereum consolidates between $3,000 and $3,390, with fading momentum and no bullish breakout confirmation.

Bitcoin dipped under $90k and printed a low near $89.2k as a wave of forced selling swept derivatives markets.

The patterns say all this money in wait will make a difference.

As ROSE rallied 105%, traders watched whether infrastructure demand could sustain momentum.

The altcoin market extended its sell-off as the total crypto market cap excluding Bitcoin dropped to around $1.2 trillion.