What condition is the crypto market in, and what will happen next
The crypto market is in a state of maximum volatility.#биткоин It is balancing around the $59,800–60,000 zone, experiencing strong pressure due to capital outflows. There is pressure on the stock markets and a record number of coins that short-term investors are selling at a loss.
The Fear and Greed Index has fallen to extreme levels, indicating panic among retail investors.
The strengthening of the US dollar index and expectations of further Federal Reserve actions regarding interest rates are creating a bearish trend for risk assets, including gold and cryptocurrencies.
Large holders and institutional players are facing harsh conditions as the quarter ends, which triggers additional selling.
Against the backdrop of the fall #ВТС most altcoins are correcting or trading sideways, though certain coins locally show gains due to specific news within their projects.
The crypto market is in a state of maximum volatility.#биткоин It is balancing around the $59,800–60,000 zone, experiencing strong pressure due to capital outflows. There is pressure on the stock markets and a record number of coins that short-term investors are selling at a loss.
The Fear and Greed Index has fallen to extreme levels, indicating panic among retail investors.
The strengthening of the US dollar index and expectations of further Federal Reserve actions regarding interest rates are creating a bearish trend for risk assets, including gold and cryptocurrencies.
Large holders and institutional players are facing harsh conditions as the quarter ends, which triggers additional selling.
Against the backdrop of the fall #ВТС most altcoins are correcting or trading sideways, though certain coins locally show gains due to specific news within their projects.