Crypto enters “Extreme Fear”! Crypto Falls 3-8%!

Crypto Enters “Extreme Fear”! Crypto Falls 3-8%!

Crypto majors continued their decline, dropping another 3-8% as the selloff persisted. Bitcoin (BTC) fell 3% to $104,500, Ethereum (ETH) fell 5% to $3,520, Binance Coin (BNB) slid 6% to $955, and Solana (SOL) fell 8% to $162. Meanwhile, Decred (DCR) rose 111%, Dash (DASH) climbed 50%, and Internet Computer (ICP) gained 30%, leading the day’s top movers. Liquidations totaled more than $1.2 billion on Monday, with long positions accounting for 90% of losses, and the Crypto Fear & Greed Index crashed into “Extreme Fear.” Balancer suffered a $128 million exploit after a so-called “vibe-coded” hack, prompting Berachain to halt its chain amid cascading pool drains on Ethereum and related networks. In industry developments, Hollywood.com announced plans for a prediction market focused on entertainment in partnership with Crypto.com, while Ripple launched primary brokerage services for digital assets in the United States Strategy revealed plans to issue 3.5 million shares of its 10% Series A Perpetual Stream Preferred Stock ($STRE), with the proceeds earmarked for Bitcoin purchases. Elsewhere, US prosecutors are pursuing the maximum five-year sentence against the founders of Samurai Wallet, and FTSE Russell has announced that it will publish its global equity, FX and digital asset market index data directly on the blockchain via Chainlink.