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Why is Crypto Market Down Today: What Fear and Greed Index Says?
Why is Crypto Market Down Today: What Fear and Greed Index Says?
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The global cryptocurrency market exhibits renewed weakness, with its total capitalization hovering at $3.44 trillion. Despite holding above the critical $3.28 trillion support level, mounting pressure suggests potential volatility ahead.
Market sentiment, as reflected by the Fear and Greed Index, points to heightened caution among investors. The index’s current reading underscores the delicate balance between opportunistic accumulation and risk aversion in today’s trading environment.
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