Panic Selling Tests Bitcoin, ETH, XRP, SOL
October hope has flipped to fear. The total crypto market cap sits near the mid $3.6 trillion range, with 24-hour volume jumping, a pattern that often indicates forced selling rather than patient bids.
Sentiment is bruised. The Crypto Fear and Greed Index slid toward extreme fear. That backdrop feeds a self-reinforcing crypto market crash narrative.
Fear and Greed Index (Source: CoinMarketCap)
A Bitcoin crash would likely accelerate if the price loses the 200-day area again and closes below it with rising volume. Barrons flagged that breach and warned about trend damage during this slide.
Macro stress compounds risk. Reuters recorded a spike in the Cboe Volatility Index (VIX) toward recent highs, a sign that often…
