🚨 Altcoin Selloff Pushes Crypto Market Cap Below $4T
The crypto market extended its slide, with total capitalization dipping to $3.96T (-2.1% daily) as major altcoins faced heavy selling.
🔹 Bitcoin (BTC): Held relatively steady, down only 1.1% to $114,384.
🔹 Ethereum (ETH): Dropped 4.3%, now trading at $4,285.
🔹 BNB: Down 3.7% but still above $1,000 after last week’s rally.
🔹 Solana (SOL): Lost 4.1%, trading at $230.
🔹 XRP: Fell 4.3% to $2.88.
💥 Biggest losers:
Dogecoin (DOGE): -7.8% in 24h, -12% weekly.
Cardano (ADA): -5.7%.
Chainlink (LINK): -6%.
Hyperliquid (HYPE): -9.4%.
📈 Outlier: Avalanche (AVAX) gained over 4%, defying the broader downtrend.
Stablecoins like USDT and USDC held firm, offering some refuge amid volatility.
📊 Market sentiment:
Fear & Greed Index: Neutral at 47.
Altcoin Season Index: 65/100 → altcoins still outperform BTC for now.
⚠️ What’s next?
With key U.S. inflation data coming this week, traders expect more volatility.
Cooling inflation ✅ could stabilize markets.
Sticky inflation ❌ may deepen the correction.
👉 Do you think this is just a dip before Q4 recovery, or the start of a broader bearish trend?
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