Crypto Sentiment Plummets to New Low Amid Market Fear & Stagnant Inflows

The crypto market is experiencing a deep sense of fear as the sentiment index has reached its lowest point since February, dipping to just 21 points. This alarming decline signals heightened market anxiety and poses challenges for investors seeking to maintain a bullish outlook in the face of current global economic conditions. Notably, institutional inflows have stagnated, while total market capitalization has fallen to $3.46 trillion, indicating a risk-off sentiment among investors. The drop coincides with decreased liquidity across DeFi platforms, suggesting a reluctance to engage in risky trading activities.