Cryptocurrency prices are broadly edging lower on Monday, with Bitcoin ($BTC) trading below $77,000. This downturn represents a 7% pullback from Bitcoin’s May high of $82,850, underscoring a broad shift toward risk-off sentiment across crypto markets.

Altcoins are following Bitcoin’s downward trajectory, with Ethereum ($ETH) retesting key support at $2,100 and $XRP consolidating near the $1.38 demand zone as bearish sentiment persists.

Crypto market sentiment cools amid capital outflows

Demand for crypto assets has steadily waned, mirroring sustained selling in the broader markets. This shift is clearly captured by the Crypto Fear & Greed Index, which drops sharply to 28 in the fear territory on Monday, compared to an average of 48…