The cryptocurrency market has experienced notable developments in the past 24 hours, affecting prices, investor sentiment, and institutional moves. $BNB
Market Sentiment Drops to ‘Extreme Fear’.
🔥The crypto market’s fear and greed index has plunged to its lowest level in 17 months, signaling ‘extreme fear’ among investors. Major altcoins like Dogecoin ($DOGE ), Cardano ($ADA ), and XRP have each dropped by approximately 10%. Macroeconomic concerns and regulatory uncertainty are fueling the downturn.
Bitcoin Struggles Near 200-Day Moving Average.
Bitcoin has turned bearish as traders watch the critical 200-day moving average for potential support. This decline comes amid concerns over global economic policies and cautious investor sentiment.
Altcoins Drop After White House Crypto Summit.
The White House Crypto Summit, led by President Donald Trump, ended with no major policy announcements. Thie has led to a sharper decline in altcoins like XRP, ADA, and Solana (SOL), as traders express disappointment.
Cryptocurrencies to Watch: Arbitrum, Flare, Pi Network.
Despite market uncertainty, certain cryptocurrencies are gaining attention:
• Arbitrum: A leading Ethereum layer-2 scaling solution.
• Flare: A smart contract platform integrating with networks like XRP and Litecoin.
• Pi Network: A mobile mining project aiming for mass adoption.
HIVE Digital Expands Bitcoin Reserves
HIVE Digital has increased its Bitcoin holdings by 23% year-over-year, reinforcing its long-term investment strategy despite market volatility.
#PiNetwork #altcoins #news #BinanceTradeSmarter #CryptoMarketWatch
