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

Home Press Releases Crypto News Coindesk Crypto Markets Today: BTC, Altcoins Plunge as Liquidity Tightens and Gold Demand Soars

The crypto market is a sea of red as linger trade tensions and tightening liquidity in the U.S. financial system drives demand for safe haven Treasury notes.

Bitcoin BTC $105,626.76 has dropped below its 200-day SMA to trade near $104,500, representing a 6% decline in 24 hours. Other major tokens such as ether ETH $3,788.75, Go to Source to See Full Article
Author: Oliver Knight

Coindesk

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