The crypto market shed approximately $85 billion after July 21 as investors took profits and braced for another liquidation event. The Fear and Greed Index stands at 35, reflecting market participants’ fear, while the Altcoin Season Index slightly climbed from 51 to 53, suggesting lingering bull interest despite the decline in altcoin market capitalization from $923.67 billion to $900.46 billion. Stablecoin inflows remain insufficient, with only $824.5 million injected over a week, well below the outflows absorbed by the market. The market may stay muted until a major inflow exceeding the $1 billion threshold materializes.
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