Crypto Market Dips Broadly as Fear Sentiment Dominates

Almost every major cryptocurrency fell in the last 24 hours, with Avalanche (AVAX) leading the losses at -3.3%, followed by Chainlink (LINK) at -1.9%. When many assets decline together like this, it often reflects a shift in overall market mood rather than news about any single coin — and today's Fear & Greed Index score of 28 ("Fear") confirms that investors are feeling cautious right now. Bitcoin's dominance sitting at 56.2% means more than half of the entire crypto market's value is held in BTC, which typically happens when people move away from smaller, riskier coins and stick to the most well-known asset.