Crypto Correction: How Trump-Musk Spat, Whale Selling, and Institutional Buys Are Shaping Markets
0
0
- The Crypto Fear & Greed Index has slid into “Fear” territory for the first time since April,
- This followed a $100 billion wipeout in total market cap, which dropped 5.6% in the past 24 hours.
- Whale activity surged, with $600M moved into exchanges and over $25B in Bitcoin transferred.
The cryptocurrency market took a sharp turn this week, with the Crypto Fear & Greed Index slipping into “Fear” territory for the first time since April 22, 2025. A brutal 5.6% drop in total market capitalization erased over $100 billion in value, dragging Bitcoin, Ethereum, and the broader altcoin landscape into a steep correction.
Bitcoin fell to $103K at press time, while Ethereum dropped to the critical $2,400 level. Altcoins bled substantially as well with AVAX crashing 4.43%, DOGE dropping 7.41% and PEPE nosediving almost 6%, as per CoinMarketCap data.
Political Shockwave: Musk vs. Trump
Fueling the downturn was a very public cl…
The post Crypto Correction: How Trump-Musk Spat, Whale Selling, and Institutional Buys Are Shaping Markets appeared first on Coin Edition.
0
0
Manage all your crypto, NFT and DeFi from one placeSecurely connect the portfolio you’re using to start.
0
0
0
0