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## The Crypto Market Has Entered Extreme Fear, While Bitcoin (BTC) Is Experiencing a Major Drop
The latest market movement has caused significant changes in the crypto territory. Buyers acted quickly due to upcoming important data from the United States, resulting in widespread money outflows from various digital assets. The leading cryptocurrency, Bitcoin (BTC), fell from $90,000 at the start of the week and has risen back to the current $90.80K, but it cannot escape the overall bearish sentiment that reached a low of $85,337.
## Widespread Decline in Various Altcoins
The growing fear in the market is not limited to Bitcoin. Ethereum (ETH) is among the most affected, dropping below the $3,000 level and currently at $3.12K. This decline reflects a deeper need for investors to reduce their risk exposure.
Other major cryptocurrencies also experienced significant drops. Ripple (XRP) fell to $1.87, below the $2 level, while Solana (SOL) reached $139.78 with a +2.38% 24-hour change. Dogecoin (DOGE) is at $0.14 with a -2.34% decrease, while Cardano (ADA) rose to $0.39 from previous lower prices.
## Liquidation and Crypto Fear & Greed Index
The market experienced approximately $583 milyong liquidation, mostly from long positions contributing to increased bearish pressure. The Crypto Fear & Greed Index plummeted to 11, indicating extreme fear among investors. The 24-hour trading volume increased by 27% to $119 billion, showing high market activity. The total market capitalization decreased by nearly 4% to $2.94 trillion.
## Other Cryptocurrencies Are Also Falling
Chainlink (LINK) is at $13.20 with a -0.01% decrease, while Stellar (XLM) experienced a -3.23% drop. Hedera (HBAR) fell by 2%, Toncoin (TON) is trending downward, Litecoin (LTC) dropped by 3.78%, and Polkadot (DOT) declined by 2.79% in the past 24 hours.
## Husky Inu (HINU) Reached $0.00023840 While Price Declined
Amid the bearish market, Husky Inu (HINU) recorded $0.00023840, reflecting the broader trend related to risk sentiment. The project has already raised $905,549 in its fundraising campaign, nearing the $1 milyong milestone.
## Progress of Husky Inu Fundraising Campaign
The project reached $750,000 on May 16, $800,000 on June 15, $850,000 in July, and surpassed $900,000 in October. Momentum is beginning to slow, and the team is considering various strategies to secure the remaining funds. Less than four months remain before the official launch date, but the team is prepared to adjust depending on review meetings held on July 1 and October 1, 2025, with the next scheduled for January 1, 2026. Adjustments to the launch date may occur depending on the outcomes of these strategic reviews.