Crypto market sentiment has deteriorated sharply, with the Crypto Fear and Greed Index dropping to 12. This places the market firmly in “Extreme Fear” territory as most major cryptocurrencies recorded weekly losses.

The slide in sentiment comes despite Bitcoin avoiding a decisive breakdown, suggesting investor caution is being driven more by sustained downside pressure across altcoins than by panic selling.

Source: CoinMarketCap

Bitcoin holds key levels as confidence weakens

Bitcoin [BTC] was trading near $67,950 at the time of writing, down 4.28% over the past seven days, according to CoinMarketCap data. While BTC remains above $65,000, upside momentum has stalled, limiting its ability to stabilize broader market…