Crypto Markets Today: BTC, Altcoins Plunge as Liquidity Tightens and Gold Demand Soars

In the current state of crypto markets today, both Bitcoin (BTC) and various alternative cryptocurrencies (altcoins) have experienced significant declines in value, largely attributed to a tightening of liquidity. This decrease in available funds for trading has put additional strain on these digital assets. Concurrently, there has been a notable surge in demand for gold, traditionally viewed as a safe-haven asset during times of market instability. Investors appear to be reallocating their resources away from cryptocurrencies and into gold, reflecting broader concerns about market volatility and economic uncertainty. source: https://www.coindesk.com/markets/2025/10/17/crypto-markets-today-btc-altcoins-plunge-as-liquidity-tightens-and-gold-demand-soars