The cryptocurrency market is experiencing pressure as the Fear & Greed Index indicates extreme fear at 18/100, despite a slight recovery. Bitcoin's dominance has increased marginally to 59.55%, while the total market capitalization has decreased by 0.26% to $3.20 trillion. The altcoin market cap also saw a decline, dropping 0.42% to $1.29 trillion.
Major cryptocurrencies are witnessing downward trends, with Bitcoin falling 0.75% to $95,423.41. Ethereum is down 0.77% at $3,156.62, Solana decreased by 0.94% to $139.73, and Binance Coin slipped 0.33% to $932.78. XRP and Dogecoin also faced declines, dropping 2.08% and 1.45% respectively.
Crypto Market Faces Pressure Amid Extreme Fear Sentiment
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