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BTCC / BTCC Square / Global Cryptocurrency /
Crypto Market Decline Amid High Expectations

Crypto Market Decline Amid High Expectations

Author:
Global Cryptocurrency
Published:
2025-01-21 19:20:02
20
2
The cryptocurrency market experienced a decline of approximately 5.3% compared to the previous day, reducing the total capitalisation to $3.5 trillion. This downturn was attributed to high expectations surrounding Trump's inauguration speech, which did not mention cryptocurrencies. The Cryptocurrency Fear and Greed Index stands at 76, indicating the initial stage of 'extreme greed'. Observations suggest that during a bull market phase, values exceeding 80 increase the risk of a corrective pullback, whereas current values may coexist with a reduction in optimism but do not suggest a market reversal.

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