This Week in Crypto: Broader Market Slides

The previous week’s rally across the crypto universe came to a sudden halt, sending tokens into a downward spiral. This week, the aggregate crypto market capitalization dropped back below the $2-trillion mark, with sentiment looming in “extreme fear” territory. BTC’s Lackluster Performance Continues The fear of an upcoming crypto crash has taken over the market as the leading cryptocurrency by market cap, Bitcoin (BTC), slid beneath the $42,000 mark. BTC has dropped by more than 5% over the past seven sessions. More importantly, 24-hour trading volume recorded a considerable dip of almost 8%, suggesting that momentum lower might continue to accelerate.