Crypto Market Plunges, Q4 Rally & Altseason Expected

The crypto market experienced a significant downturn as Bitcoin and Ethereum plunged following a broader shift in investor sentiment towards traditional assets like gold and silver. Liquidity is now flowing out of riskier assets, leading to record-breaking highs for these metals. Analysts predict this pullback is a strategic shakeout before a more substantial rebound occurs around mid-October, supported by historical patterns that suggest similar market events in previous cycles.