The cryptocurrency market has been all over the place in the past 90 days. Bitcoin (BTC) dropped 15%, but a small group of tokens still managed to come out ahead. Looking at CoinMarketCap numbers, just 17 of the top 100 coins by market cap posted gains during this stretch.
The entire crypto market cap is valued at $2.7 trillion right now, down 3.34% since yesterday. Bitcoin accounts for $1.63 trillion of that, with its own 3.11% dip in a day.
The CoinMarketCap (CMC) Crypto Fear and Greed Index has sunk to 17, labeled as Extreme Fear, compared to 30 a day ago. The CMC Altcoin Season Index, which checks if altcoins are outshining Bitcoin, is at 17 out of 100—showing altcoins aren’t in charge at the moment.
A few big moments shook things up recently:
On March 2, Sunday, Donald Trump announced a crypto reserve with Solana (SOL), Cardano (ADA), and XRP. Prices soared almost immediately after the news.
On March 6, Trump signed an executive order, but instead of keeping the upward trend, the market started sliding. People still held hope for a crypto summit coming up.
On March 7, The crypto summit was held, but rather than lifting spirits, some unexpected twists sent the market lower. Since then, a steep crash has taken hold, dragging prices down and souring the outlook.
Bitcoin may have stumbled over the last 90 days, but a few altcoins pulled off impressive gains. Still, with the market turning downward lately and fear taking over, it’s clear investors are nervous about rules and bigger economic pressures.
As things keep shifting, everyone’s watching to see what Bitcoin does next and whether altcoins can hold steady or get caught in a wider slump. More updates will come as this plays out.
Also Read: BTC struggles below $84K despite Trump Crypto Summit push