The crypto market is currently in a state of “Extreme Fear,” with the Fear & Greed Index at 13/100, the lowest level seen in the past 30 days. Bitcoin is trading at $77,709, down 11.8% from its peak of $95,398 on January 14.
Main drivers behind the decline:
🔸Global liquidity pressure stemming from a partial U.S. government shutdown
🔸Capital rotating into gold rather than risk assets such as crypto
🔸Broad-based market sell-off sentiment, particularly across altcoins
🔸Regulatory pressure from the OECD regarding crypto taxation across 12 EU countries
Key market developments:
🔸Total market capitalization: $2.637T (–3.1% over the past 24 hours)
🔸BTC dominance: Maintains the #1 position in market mindshare (49.2%)
🔸Altcoins underperforming: Many tokens have declined 15–30% over the past week
BTCUSDT
Perp
73,349.8
-4.41%
ETHUSDT
Perp
2,161.69
-6.85%
BNBUSDT
Perp
710.26
-8.08%