Crypto majors slide as tariff fears spark risk-off move; gold zooms to record highs

The major cryptocurrencies experienced a significant decline as concerns over potential tariffs triggered a broader risk-off sentiment among investors. As a result, many turned to safer assets, leading to a remarkable surge in gold prices, which soared to record highs never seen before. This dramatic shift highlights the ongoing volatility in financial markets and the impact of geopolitical tensions on investor behavior. source: https://www.coindesk.com/markets/2026/01/19/crypto-majors-slide-as-tariff-fears-spark-risk-off-move-gold-zooms-to-record-highs