Global Crypto Market Value Plummets 3%, Extreme Fear Levels Reported

The cryptocurrency market has witnessed a notable downturn, with the global market capitalization decreasing by 3% to reach $2.27 trillion over the past 24 hours.

According to recent data, the Crypto Fear & Greed Index has hit extreme fear levels, standing at 14 points, indicating heightened anxiety among investors.

In terms of specific cryptocurrencies, Bitcoin has dropped by 3.20% and is now trading at $65,625.51, while Ethereum has seen a 5.98% decrease in value to reach $1,924.55.