Bitcoin’s dominance in the market has surged to 64.33%, its highest in nearly four years, as altcoins experience significant sell-offs. The crypto market faces strong downward pressure amid fears of a new trade war.
Liquidations in the market have skyrocketed to $2.23 billion, instigating fear among investors. The sentiment index reflects uncertainty, especially for short-term holders of Bitcoin battling support at the $92,000 mark.
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