One of the great challenges of the crypto market is understanding why liquidity does not remain in times of crisis or high uncertainty...

And the answer goes much deeper than price or volatility: it is historical, functional, and psychological.

For centuries, precious metals have been the ultimate refuge. Not because they are ideal, but because they have demonstrated something key: sustained trust over time. Capital, when afraid, does not seek innovation; it seeks survival. And in that equation, history weighs more than promise.

In crypto, the main problem is not technology; it is real daily utility. As of today, most cryptocurrencies are not used recurrently to pay for essential goods and services, nor to cover common financial responsibilities like rents, taxes, loans, or salaries. This creates a clear effect: those who receive cryptocurrencies as a means of payment tend to sell them immediately to avoid the devaluation of their income.

This causes liquidity to bounce and leave the market instead of circulating and staying.

Additionally, in scenarios of macroeconomic stress, capital seeks:

- Stability

- Universal acceptance

- Immediate low volatility

And although Bitcoin advances as a store of value, the crypto ecosystem as a whole still does not fully meet those conditions.

That is why, when uncertainty appears, money migrates first to traditional instruments. Not because they are better, but because they are functional today, not tomorrow.

This does not invalidate cryptocurrencies. On the contrary, it exposes their tipping point:

👉 real adoption will not come from price, but from everyday use.

When crypto becomes a daily tool — not just a speculative asset — liquidity will stop fleeing in difficult times and will start to stay.

Until then, the market will continue to be bright, promising… and vulnerable to fear.