In the world of finance, the term a golden quarter often signals a period of exceptional performance or record-breaking demand. In the context of cryptocurrencies and precious metals, this phrase has taken on new significance as recent data reveals unprecedented trends in both global gold demand and Bitcoin liquidity. This article unpacks the latest market movements, providing clear insights for both newcomers and seasoned participants in the crypto space.
As of October 30, 2025, according to BlockBeats News citing World Gold Council data, the third quarter of 2025 marked a historic milestone for gold. Global gold demand, including over-the-counter (OTC) trading, soared to 1,313 tons, with a total value of 146 billion US dollars. This set a new quarterly record, highlighting a surge in investor interest and institutional adoption of gold as a safe-haven asset.
This golden quarter for gold was driven by several factors: economic uncertainty, inflation concerns, and a growing appetite for portfolio diversification. The data underscores gold's enduring appeal, especially during periods of market volatility.
While gold demand reached new heights, the cryptocurrency market experienced its own version of a golden quarter—marked by rapidly declining Bitcoin liquidity. Recent on-chain data from CryptoQuant, reported by BlockBeats News, shows that Bitcoin's sell-side liquidity has dropped to a seven-year low, with only 3.12 million BTC available for trading. This is the lowest level since 2018.
Bitcoin's price has been trading below its 99-day Moving Average, hovering around $112,086. Despite this, long-term holders have accumulated 373,700 BTC in the past 30 days, signaling strong market demand even amid price volatility. The Liquidity Inventory Ratio (LIR) has fallen to approximately 8.3 months, meaning current liquidity can only cover less than nine months of demand at present trading volumes.
For those new to crypto, the LIR measures the balance between available liquidity and active trading demand. A low LIR indicates thinner order books and a higher risk of price swings, while a high LIR suggests more stable market conditions.
The convergence of record gold demand and shrinking Bitcoin liquidity during this golden quarter has several implications for crypto users and investors:
It's important to note that while some analysts believe Bitcoin may have already peaked this cycle, others, such as CryptoQuant's PelinayPA, estimate a 55% chance that the top is yet to come. As of the latest data, Bitcoin trades at $111,295, up 2.1% in the past 24 hours.
For those navigating the golden quarter in crypto and gold markets, consider these practical insights:
The golden quarter has brought both opportunities and challenges to the crypto and gold markets. By staying informed and leveraging trusted platforms like Bitget, you can navigate these dynamic conditions with confidence. For more real-time insights, market data, and educational resources, explore the full suite of tools and guides available through Bitget.
As always, remain vigilant, rely on verified data, and continue learning to make the most of every golden quarter in the evolving world of digital assets.