Crypto Market Edges Up While Fear Remains Extremely High

Most major cryptocurrencies posted small gains over the last 24 hours, with AVAX leading the pack at +5.42% and UNI close behind at +3.03% — meaning their prices rose more than most others in the market. Despite these green numbers, the Fear & Greed Index sits at 22, labeled "Extreme Fear," which tells us that the overall mood among crypto participants is still very cautious and uncertain. Bitcoin's dominance stands at 56%, meaning more than half of the entire crypto market's value is held in Bitcoin — this often happens when people prefer sticking to the most well-known asset during nervous market conditions.