Why is CROSS’s price down today? (21/02/2026)

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## TLDR
CROSS is down 2.66% to $0.108 in 24h, underperforming a broader market that rose 0.86%. The move is primarily driven by a risk-off rotation favoring Bitcoin amid extreme fear sentiment, with thin liquidity amplifying the drop.

1.  **Primary reason:** Risk-off market rotation, as capital flows toward Bitcoin (dominance 58.25%) and away from smaller altcoins during a period of Extreme Fear sentiment (index 14).
2.  **Secondary reasons:** Low liquidity and lack of catalysts; CROSS's thin market (turnover 0.114) magnifies selling pressure, and no coin-specific positive news was visible in the provided data.
3.  **Near-term market outlook:** If CROSS holds above the $0.10 psychological support, it may consolidate between $0.10–$0.12; a break below risks a test of the 90-day low near $0.106. Watch for today's PCE inflation data, as a hot print could trigger another risk-off wave.

## Deep Dive
### 1. Risk-Off Rotation and High Bitcoin Dominance
CROSS moved opposite to Bitcoin (+0.90%) and the total crypto market cap (+0.86%), a classic sign of capital rotating out of smaller altcoins during uncertainty. The CMC Fear & Greed Index sits at Extreme Fear (14), while Bitcoin dominance is elevated at 58.25%, creating a headwind for altcoins like CROSS.

**What it means:** In risk-off environments, traders often reduce exposure to higher-beta assets first, explaining CROSS's underperformance.

**Watch for:** A sustained drop in Bitcoin dominance below 58% could signal improving altcoin sentiment.

### 2. Low Liquidity and Absence of Catalysts
No coin-specific news or catalyst for CROSS was found in the provided data. Its 24-hour volume of $4.13 million against a $36.3 million market cap results in a low turnover ratio of 0.114, indicating a thin order book.

**What it means:** In illiquid markets, even modest selling can cause disproportionate price declines, which appears to be the case here.

### 3. Near-term Market Outlook
The immediate path hinges on broader macro cues and CROSS's ability to hold key levels. The $0.10 level is critical psychological support. Resistance sits near the 7-day high around $0.12. The release of U.S. PCE inflation data today could be a volatility trigger.

**What it means:** The bias remains bearish below $0.12, but a hold above $0.10 suggests consolidation.

**Watch for:** The market's reaction to the PCE print; a higher-than-expected number could pressure risk assets further.

## Conclusion
**Market Outlook: Bearish Pressure**
CROSS is caught in a downdraft of risk aversion and low liquidity, with no positive news to counter the sell-off.
**Key watch:** Whether CROSS can defend the $0.10 support in the next 24 hours, especially if today's PCE data sparks another wave of market-wide selling.

Latest CROSS (CROSS) Price Analysis

Deep Dive

1. Risk-Off Rotation and High Bitcoin Dominance

2. Low Liquidity and Absence of Catalysts

3. Near-term Market Outlook

Conclusion

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