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Fear returns to the crypto market as $230B vanishes overnight

Investor sentiment turned sharply bearish as crypto’s fear index plunged to 28, and $230 billion in value evaporated in a single day.

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💡 DMK Insight

DMK Insight: The drastic drop in the crypto fear index signals a significant shift in investor confidence, potentially leading to further market volatility. With $230 billion lost in value, this could prompt a reevaluation of risk strategies among traders. The current climate emphasizes the importance of monitoring sentiment indicators closely to navigate potential downturns effectively.