The cryptocurrency market is currently facing volatility, with a capitalization range of $3.15-3.20 trillion reflecting slight stability. Factors like trade wars have contributed to Bitcoin's downturn, which hasn't rebounded alongside other markets. The fear and greed index highlights extreme fear in the market, dropping to its lowest level in four months. Bitcoin is struggling around $98,500 with bearish trends evident, while U.S. Bitcoin ETF inflows decline drastically, suggesting reduced investor demand contrasting with increasing inflows for Ethereum ETFs, reflecting shifting interests within the cryptocurrency space.
The cryptocurrency market is experiencing significant volatility, with market capitalization fluctuating between $3.15-3.20 trillion, reflecting traders' prevailing anxiety.
The fear and greed index indicates extreme fear in the cryptocurrency market, with a drop to 43—its lowest level in four months, signaling investor worry.
Bitcoin is trading near $98,500 and facing resistance at the 50-day moving average, indicating current bearish price movement and control by sellers.
U.S. Bitcoin ETFs have seen a sharp decline in net inflows to $203.5 million from $559.8 million, while Ethereum ETFs have experienced a rise.
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