Bearish Wave Hits the Crypto Market – April 24, 2025
The broader crypto market is facing significant downside pressure today, with red dominating across sectors. Here’s the current pulse:
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Market Snapshot
Global Market Cap: $2.27T (-2.1% 24h)
24h Volume: $102.8B (steady, showing active participation in sell-offs)
Dominance: $BTC 50.8% | $ETH 9.3%
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Top Movers (24h Drop %)
PEPE: -11.6%
WIF: -8.4%
SOL: -6.2%
$DOGE : -4.7%
SHIB: -4.1%
FLOKI: -3.8%
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Key Bearish Signals
Volume Spikes on Red Candles: Indicates active dumping, not passive fading.
Altcoins Bleeding More: Memecoins and Layer 1s hit hardest.
No Rotation to Stablecoins: Traders still watching, not fleeing — suggests anticipation, not panic yet.
Fear & Greed Index: Dropped to 49 (Neutral → Slight Fear)
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Conclusion:
This is a broad-market correction, not isolated. Stay sharp. Monitor support zones and volume patterns before jumping in.
#MarketUpdate #BearishTrend #altcoins #CryptoNewss #BinanceSquare