๐ CMC20 Index Under Pressure ๐ ๐
The CoinMarketCap 20 Index (CMC20) dropped 2.40% in the last 24 hours, falling to $152.08.
This move mirrors a broader crypto market selloff, as the total market capitalization declined 2.43% over the same period.
More concerning is the weekly performance:
๐ป โ19.19% over the past 7 days, confirming a strong short-term downtrend.
๐ Key Drivers Behind the Decline
- Market-wide risk-off sentiment following recent volatility
- High leverage liquidations, accelerating downside momentum
- Weak buying pressure across large-cap assets
- Macro uncertainty, keeping investors cautious
๐ง Market Takeaway
CMC20 reflects the health of the largest crypto assets - and right now, momentum is clearly bearish. Until volume returns and buyers step in, further volatility remains likely.
๐ Patience, risk management, and strategy matter most in these conditions. $BTC
