🌪️📢 Altcoins Sink, But ETFs Show Institutional Resolve ⏺
The global crypto market continues its steep decline, with total capitalization plunging and the Fear & Greed Index hitting 27 (Fear).
While Bitcoin battles to hold $100,000 and Ethereum slides, Altcoins are in freefall:
Solana (SOL) is down nearly 40% from its recent high, despite major inflows into its newly launched Bitwise Staking ETF ($BSOL).
The recent launches of new Spot ETFs for Litecoin (LTC) and HBAR also failed to halt the broader market's bearish momentum.
Institutional Activity vs. Price Action:
The current divergence is clear: prices are being dictated by macro uncertainty (like US-China tensions), leading to mass liquidations, even as Wall Street continues to embrace new regulated crypto products.
Building continues, but for now, fear rules the day. 🐻
#BTCDown100k #MarketPullback #BinanceLiveFutures #MarketUptober #BinanceHODLerMMT



