Crypto Fear & Greed just hit 25, Extreme Fear. $BTC’s under $63K, total market cap down to $2.16T.
But this isn’t a crypto problem. Nasdaq futures dropped almost 2%, semiconductor stocks got hit hardest, and it spilled straight into crypto. Same story as Iran tensions, outside pressure, not weak fundamentals.
One number worth watching: average RSI across crypto pairs is down to 42, close to the oversold level that triggered July’s last bounce.
Interesting divergence though, privacy coins like $ZEC and $DASH are actually green today. When everything’s red and a couple of names aren’t, that’s worth a second look.
$BTC
But this isn’t a crypto problem. Nasdaq futures dropped almost 2%, semiconductor stocks got hit hardest, and it spilled straight into crypto. Same story as Iran tensions, outside pressure, not weak fundamentals.
One number worth watching: average RSI across crypto pairs is down to 42, close to the oversold level that triggered July’s last bounce.
Interesting divergence though, privacy coins like $ZEC and $DASH are actually green today. When everything’s red and a couple of names aren’t, that’s worth a second look.
$BTC