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Crypto Markets Pare Losses After $2.7T Equity Rout Triggers ’Extreme Fear’ Sentiment

Crypto Markets Pare Losses After $2.7T Equity Rout Triggers ’Extreme Fear’ Sentiment

Author:

Global Cryptocurrency

Published:

2025-11-21 10:09:02

18

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BTCCSquare news:

Global markets convulsed as the S&P 500's $2.7 trillion selloff cascaded into crypto, liquidating $1 billion in Leveraged positions. Bitcoin dominance rose while altcoin liquidity evaporated—a defensive pivot echoing widening credit spreads and repriced Fed rate-cut odds.

Presale projects like Maxi Doge (DOGE), Best Wallet, and Remittix gained attention as asymmetric bets amid the turmoil. 'Uncertainty triggers rapid risk reduction,' noted NOBI CEO Lawrence Samantha, as traders fled speculative assets.

Exchange flows showed Binance and Bybit absorbing most liquidations, while Coinbase saw stablecoin outflows. Meme coins (SHIB, PEPE, BONK) and leveraged tokens (ETHFI, ENA) bore the brunt, though Bitcoin (BTC) and Ether (ETH) held relative steadiness.

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