Market Update | Risk-Off Mood in Crypto
The market is going through a correction today. Total crypto market cap has inched up +0.68% to $2.94T, but price action tells a different story as major coins are deep in the red.
🔻 Sentiment check:
Fear & Greed Index has dropped to 22/100 (Fear) → confidence is clearly shaken.
🟠 BTC Dominance rises to 59.20% (+0.22%)
This shows capital rotation into Bitcoin, as investors seek relative safety during market stress.
📊 Altcoin market cap: $1.20T (+0.27%)
Despite the slight increase, most alts are under selling pressure.
🔴 Today’s losses:
• BTC: −2.42% → $87,274
• ETH: −5.95% → $2,961 (largest hit)
• DOGE: −3.59% → $0.13
📌 When fear increases, volatility follows. This phase often separates emotional trading from strategic positioning. Stay risk-aware and patient.
