The crypto market has declined $85 billion in total capitalization since 21st July, following a period where Bitcoin cleared $65,000 resistance and altcoins reached local highs. The decline occurred immediately after the market set a fresh high, indicating investors locked in profits. This downturn follows the market's largest liquidation event on 10th October 2025, when over $19 billion were wiped out, after which the market has not fully recovered.
Market Capitalization Drops $85 Billion Since 21st July
The total crypto market capitalization excluding stablecoins shed approximately $85 billion since 21st July. The decline landed right after the market set a fresh high. At the time of writing, the Fear and Greed Index showed a reading of 35, indicating investors are fearful.
Fear and Greed Index Records 35 Reading
The Fear and Greed Index captured investor sentiment with a reading of 35, suggesting capital is sitting largely on the sidelines despite some quiet accumulation. The index reading alluded to investors being spooked by the prospect of another liquidation event.
Altcoin Season Index Climbs Despite Capitalization Decline
The Altcoin Season Index showed upward movement even as altcoin market capitalization declined. On 23rd July, the index sat at 51 with altcoin market capitalization at $923.67 billion. By 25th July, the index climbed to 53 while altcoin capitalization fell to $900.46 billion. Crypto market sentiment printed its latest reading at 1.78, down from 3.23 set on 22nd July.
Stablecoin Supply Shows Minimal Weekly Inflows
Over the last 24 hours, barely any stablecoin inflows reached the market, with supply holding near flat. Across the past week, roughly $824.5 million in stablecoin inflows entered the market.
FAQ
What caused the crypto market to decline $85 billion since 21st July?
The decline occurred immediately after the market set a fresh high, indicating profit-taking by investors who locked in their money.
What does the Fear and Greed Index reading of 35 indicate?
The reading of 35 indicates that investors are fearful, with capital sitting largely on the sidelines despite some quiet accumulation.
How did the Altcoin Season Index move between 23rd July and 25th July?
The Altcoin Season Index climbed from 51 on 23rd July to 53 on 25th July, while altcoin market capitalization declined from $923.67 billion to $900.46 billion over the same period.