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Crypto market hits extreme fear; capital shifts from Bitcoin and Ethereum to XRP, Solana, and Hyperliquid.

Market News
22 Jun 2026
Tokenpost
View Source
Bearish
pluang ai news

The cryptocurrency market has entered a zone of 'extreme fear' with the Crypto Fear & Greed Index dropping to 23. Investors are rotating capital away from Bitcoin and Ethereum into select altcoins like Ripple (XRP), Solana (SOL), and Hyperliquid (HYPE), reflecting a selective risk appetite rather than a broad sell-off. Bitcoin appears undervalued on long-term models but lacks volume and inflows to confirm a rebound. Macro factors such as rising U.S. Treasury yields and geopolitical tensions in the Middle East are increasing market volatility and influencing capital flows. Ethereum is underperforming relative to Bitcoin, while XRP benefits from regulatory optimism. The market remains sensitive to external events, and a sustainable recovery will require improved sentiment, rising volume, and a stable macro environment.

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