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Crypto Market Cap Hits 8-Month Low Amid Volatility and Sentiment Shifts

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$88,827.400.68%
Market sentiment has hit 'extreme fear' as the crypto market cap fell to an eight-month low of $2.93 trillion, down 33% from its October peak. Analyst Michaël van de Poppe warns altcoins could face more pressure if Bitcoin sees increased selling. Market volatility remains high, with Santiment noting such fear levels have historically preceded rebounds. Investors are urged to stay cautious and avoid emotional decisions amid the ongoing correction.
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