Greed

Cardano

Solana

Bitcoin

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 <p>Takeaways:</p>
 <ul>
  <li>The global crypto market cap dropped 2.5% to $3.44 trillion, marking another day of losses.</li>
  <li>Altcoins are leading the decline, with Solana (-8.48%), XRP (-6.21%), and Cardano (-7.1%) among the hardest hit.</li>
  <li>Bitcoin dominance rose to 59%, signaling a flight to safety as investors exit smaller-cap assets.</li>
  <li>The Fear &amp; Greed Index sits at 27 (“Fear”), while the average crypto RSI of 37.78 points to oversold conditions.</li>
  <li>Analysts warn that altcoins remain vulnerable, though some expect a near-term stabilization if Bitcoin holds above $102,000.</li>
 </ul>
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<p>The crypto market remains under heavy selling pressure, with altcoins taking the brunt of losses as investors retreat to Bitcoin. The total market cap slipped 2.48% to $3.44 trillion, while the CMC20 index dropped 3.57%, extending last week’s downtrend.</p>
<p>According to CoinMarketCap <strong><a href="https://coinmarketcap.com/" rel="noopener noreferrer">data</a></strong>, Bitcoin’s dominance has surged to 59%, its highest level since mid-2024, as traders de-risk portfolios amid rising volatility. The Fear &amp; Greed Index plunged to 27, signaling deep investor caution, while the average crypto RSI of 37.78 indicates oversold market conditions.</p>
<p><img loading="lazy" src="https://www.ethnews.com/wp-content/uploads/2025/11/Screenshot-2025-11-04-at-18.21.27.png" alt="" width="1616" height="974"></p>
<h3 id="altcoins-face-steep-losses">Altcoins Face Steep Losses</h3>
<p>Altcoins have suffered disproportionate declines compared to Bitcoin. Over the past 24 hours, Solana (SOL) fell 8.48%, XRP (XRP) slid 6.21%, and Cardano (ADA) dropped 7.1%. Dogecoin (DOGE) declined 6.8%, while Chainlink (LINK) and Stellar (XLM) each lost over 5%.</p>
<p>Even top performers of recent months, such as Hyperliquid (HYPE) and Sui (SUI), have been hit hard, plunging over 19% and 22% respectively in weekly terms. Analysts attribute the sell-off to low liquidity, fading retail enthusiasm, and profit-taking among institutional traders.</p>
<p>“Altcoins are structurally weaker right now,” one analyst explained. “When Bitcoin dominance climbs, capital naturally flows out of smaller assets. Combined with macro headwinds, this creates sharper downside moves.”</p>
<p><img loading="lazy" src="https://www.ethnews.com/wp-content/uploads/2025/11/Screenshot-2025-11-04-at-18.31.57.png" alt="" width="1692" height="858"></p>
<h3 id="market-sentiment-turns-defensive">Market Sentiment Turns Defensive</h3>
<p>Across derivatives markets, long liquidations continue to accelerate, reflecting elevated stress among leveraged traders.</p>
<p>Macroeconomic factors are also weighing heavily on sentiment. Persistent inflation concerns, weak tech stock performance, and ETF outflows have contributed to the “risk-off” tone. Institutional traders are trimming exposure ahead of November’s U.S. CPI data release, while retail participants remain largely sidelined.</p>
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     <a href="https://www.ethnews.com/solana-price-drops-8-5-to-160-while-market-fear-ripple-across-crypto/" rel="noopener noreferrer nofollow"> <span style="background-image: url(https://www.ethnews.com/wp-content/uploads/2023/03/Solana0.jpg); background-size:cover;"></span> </a>
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    <h3 class="entry-title td-module-title" id="a-href-https-www-ethnews-com-solana-price-drops-8-5-to-160-while-market-fear-ripple-across-crypto-rel-noopener-noreferrer-nofollow-solana-price-drops-8-5-to-160-while-market-fear-ripple-across-crypto-a"><a href="https://www.ethnews.com/solana-price-drops-8-5-to-160-while-market-fear-ripple-across-crypto/" rel="noopener noreferrer nofollow">Solana Price Drops 8.5% to $160 While Market Fear Ripple Across Crypto</a></h3>
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<h3 id="outlook-oversold-conditions-but-fragile-confidence">Outlook: Oversold Conditions, but Fragile Confidence</h3>
<p>Despite the sharp declines, several metrics suggest the market could be nearing short-term exhaustion. The RSI readings for many large-cap altcoins now hover near oversold territory, historically associated with temporary relief rallies.</p>
<p>Still, analysts caution that confidence remains fragile. “We’re seeing fear levels similar to early 2023,” said a report from CryptoQuant. “While that can be a contrarian signal, buyers are waiting for Bitcoin stability before reentering altcoin positions.”</p>
<p>With Bitcoin holding near $102,700 and dominance approaching 60%, traders are closely watching for signs of reversal, or another wave of capitulation.</p>
<p>The post <a href="https://www.ethnews.com/altcoins-lead-crypto-sell-off-as-fear-spikes-and-bitcoin-dominance-climbs/" rel="noopener noreferrer nofollow">Altcoins Lead Crypto Sell-Off as Fear Spikes and Bitcoin Dominance Climbs</a> appeared first on <a href="https://www.ethnews.com" rel="noopener noreferrer nofollow">ETHNews</a>.</p>

Altcoins Lead Crypto Sell-Off as Fear Spikes and Bitcoin Dominance Climbs

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