Crypto Market Exhibits Tentative Gains Amid Persistent Extreme Fear

24.11.2025 16:32 2 sources neutral

The cryptocurrency market is showing signs of fragile stability as the Crypto Fear and Greed Index slightly improved from 10 to 12, though it remains entrenched in extreme fear territory, the lowest since its inception. Bitcoin is trading around $87,470, up 1.55%, while Ethereum has risen 1.67% to $2,867, but both remain well below recent highs, with Bitcoin falling sharply from levels above $100,000.

Overall market capitalization decreased by 2.52% to $2.87 trillion, yet daily trading volume surged 15.44% to $245.98 billion. Select altcoins and meme tokens have posted gains despite the cautious environment: Canton (CC) is up 10% to $0.084, with data indicating broad-based buying interest; SPX6900 rose 5.7% to $0.51, reflecting renewed meme speculation; and Pump.fun's PUMP token increased 3.3% to $0.0026, supported by ongoing platform activity.

Other notable gainers include PayAI Network (PAYAI) surging 1209.37%, [Fake] Wrapped COINBASE (COIN) up 623.48%, and MAGA (PEOPLE) rising 485.94%. In decentralized finance, DeFi TVL increased 2.01% to $115.955 billion, with Aave leading, while NFT sales volume jumped 8.56% to $10.9 million. However, Pump.fun cashed out $436.5 million in USDC, contributing to a 24% weekly drop for PUMP, highlighting ongoing volatility.

Market analysts suggest that if Bitcoin stabilizes above recent lows and fear continues to ease, capital could rotate more broadly into altcoins, but deepening macro concerns or weak spot flows may prolong the corrective phase.

Sources
Crypto Market Turns Bearish Amid Extreme Fear
blockchainreporter.net 26.11.2025 08:00