Cryptocurrency inflows plummeted over 80%, from nearly $60 billion in early October to about $10 billion by the end of November, causing the market to lose direction, with the fear and greed index hovering around 20. Bitcoin whales have slowed their accumulation, while small wallets have cautiously increased their holdings, reflecting weak market sentiment. After Bitcoin fell below key support levels, it lost its market leadership, and as investor confidence waned, Bitcoin's dominance declined, with market momentum shifting to altcoins, especially speculative mid-cap coins.
