Most cryptocurrencies are in the red over the last 24 hours, with
ADA (-2.1%),
AVAX (-3.6%), and
DOT (-3.6%) seeing the steepest declines, while
BTC (+0.5%),
ETH (+1.6%), and
LTC (+1.1%) managed modest gains. The Fear & Greed Index sits at 25, labeled "Extreme Fear," which means the majority of market participants are currently feeling cautious and uncertain — a sentiment that often puts downward pressure on prices. Fear & Greed is a tool that measures emotions in the market; when fear is high, many traders tend to hold back or sell, which can contribute to broader price dips across the board.