Crypto Market Slides Broadly as Fear Sentiment Grips Investors

Nearly every major cryptocurrency fell over the past 24 hours, with most coins dropping between 2% and 4% — Chainlink (LINK) and Uniswap (UNI) saw the steepest declines at around 4% and 6% respectively, while Tron (TRX) and Litecoin (LTC) held up relatively well with losses under 0.5%. The overall crypto market cap sits at roughly $2.24 trillion, and Bitcoin's dominance of 56.2% means investors are currently holding a larger share of their crypto in Bitcoin compared to smaller coins — this often happens when the market feels uncertain, as Bitcoin is generally considered less risky than altcoins. The Fear & Greed Index reading of 27 ("Fear") reflects that many market participants are feeling cautious right now, which is a useful reminder that short-term sentiment can shift quickly in crypto markets.