The cryptocurrency market is experiencing a shift towards risk-off sentiment as Bitcoin remains below the $90,000 mark. The total market capitalization stands at approximately $3.06 trillion, with Bitcoin priced at $89,800. Ethereum is showing relative strength compared to other major assets. Altcoins such as XRP, BNB, and Solana are facing downward pressure, while stablecoins are seeing increased trading activity. The Fear & Greed Index is currently at 24, indicating a cautious market mood, and the Altcoin Season Index is at 19 out of 100. The average Crypto RSI is around 43, suggesting weak momentum and a neutral-to-bearish outlook.
Crypto Market Turns Cautious as Bitcoin Stays Below $90,000
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