A wave of fear has swept across the crypto world as Bitcoin and altcoins nosedive, sending shockwaves through investors.
The crypto sell-off was triggered by rising fears of a global tariff war, dragging Bitcoin down over 9% and major altcoins down up to 14%.
The Fear and Greed Index dropped into “extreme fear” at 17 as Bitcoin tumbled to $75,000, causing the total crypto market cap to drop nearly 10% to $2.4 trillion.
Federal agencies are expected to reveal their crypto holdings, and a strong disclosure could spark a much-needed relief rally.