Forums
Talk about anything you want!
Login to get your referral link.
BREAKING: Crypto Market Cap Tanks $230 Billion as Fear Index Plummets to April Lows 📉🔥 Investors in Panic Mode
holy fomo Batman, $BTC & $ETH on sale?? 🚀📉 Should I ape in or is it time to start
crypto fear index hits rock bottom: market cap tanks $230B, btc dips 6%, eth down 8%, alts bleeding out: lever
The crypto market’s Fear and Greed Index plunged to “fear” this week, reaching levels last seen in April. The market sell-off wiped out over $230 billion in a single day. CoinMarketCap’s index hit a low of 28 on Friday, nearing “extreme fear.” Total crypto market cap dropped to $3.54 trillion, a 6% decrease from the day before. This marked one of the largest daily declines in months. Fear also gripped traditional assets, with the Fear and Greed Index for stocks hitting 22.
Major crypto assets continued to decline over the past 24 hours. Bitcoin fell by nearly 6% to around $105,000, while Ethereum dropped by almost 8% to around $3,700. BNB, Chainlink, and Cardano all saw significant losses. Solana and XRP also experienced notable declines. On average, major non-stable crypto assets were down around 8-9% in the past 24 hours.
Last week’s stock market crash led to approximately $20 billion in liquidations, while this week’s downturn caused a significant drop in activity. CoinGlass data revealed that around $556 million in leveraged positions were wiped out on exchanges
Crypto Market Cap Falls $230 Billion as Fear Index Hits April Low
4
Voices
3
Replies