{"id":17079,"date":"2025-03-10T17:47:06","date_gmt":"2025-03-10T17:47:06","guid":{"rendered":"https:\/\/dogewisperer.com\/?p=17079"},"modified":"2025-03-10T17:47:06","modified_gmt":"2025-03-10T17:47:06","slug":"bitcoin-xrp-down-as-fear-index-hits-17-month-low-but-experts-tip-solaxy-to-explode","status":"publish","type":"post","link":"https:\/\/dogewisperer.com\/?p=17079","title":{"rendered":"Bitcoin, XRP Down as Fear Index Hits 17-Month Low but Experts Tip Solaxy To Explode"},"content":{"rendered":"
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Bitcoin and XRP took a hit over the weekend, with Bitcoin briefly dipping to $80,000 and XRP sliding to $2.08.<\/p>\n

Their price drops sent the Crypto Fear & Greed Index tumbling to its lowest level in 17 months.<\/p>\n

Yet, while major coins struggle, Solaxy continues to gain traction \u2013 with one top expert thinking it will explode after its presale ends.<\/p>\n

BTC and XRP Struggle as Fear Index Enters \u201cExtreme Fear\u201d Territory<\/h2>\n

The crypto market is exceptionally shaky right now.<\/p>\n

Bitcoin has rebounded slightly to $82,900<\/a>, bouncing off support at $80,000.<\/p>\n

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But open interest is still down<\/a> since yesterday \u2013 suggesting traders aren\u2019t rushing back in just yet.<\/p>\n

Bears still have the upper hand, and while this small rebound is promising, it\u2019s far from a full recovery.<\/p>\n

XRP is showing similar signs of life, now sitting at $2.20<\/a> after Sunday\u2019s dip.<\/p>\n

Spot volumes have surged 122%, hinting that buyers are stepping in \u2013 but there\u2019s still a long way to go before confidence fully returns.<\/p>\n

The overall market mood remains cautious, with the Crypto Fear & Greed Index<\/a> now at 20, deep in \u201cExtreme Fear\u201d territory.<\/p>\n

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That\u2019s the lowest it has been in 17 months, reflecting the uncertainty hanging over traders.<\/p>\n

Despite the unease, some experts believe the market has bottomed out.<\/p>\n

For example, @CryptoCapo<\/a> said that a \u201cstrong relief bounce is likely\u201d in the next few days.<\/p>\n

Why Is Crypto Crashing? Market Uncertainty and Trade Wars Weigh on Investors<\/h2>\n

The recent crypto slump results from several factors weighing on investor sentiment.<\/p>\n

For one, there\u2019s nothing new to get bulls excited.<\/p>\n

Last Friday\u2019s White House Crypto Summit<\/a> was supposed to bring clarity on regulation, but it turned out to be a dud, with no major policy shifts or industry-friendly updates.<\/p>\n

Instead of boosting confidence, it left the market drifting with no clear direction.<\/p>\n

At the same time, global trade tensions are heating up, adding to the uncertainty.<\/p>\n

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Trump\u2019s new tariffs<\/a> \u2013 on imports from Canada, Mexico, and China \u2013 have led to retaliatory moves, raising fears of a dreaded trade war.<\/p>\n

When traditional markets feel the pressure, riskier assets like crypto tend to suffer, and that\u2019s exactly what\u2019s happening now.<\/p>\n

Then there\u2019s the macroeconomic backdrop, with traders anxiously watching the Fed.<\/p>\n

Many are hoping for another rate cut soon \u2013 but that now seems unlikely, at least in the short term.<\/p>\n

Ultimately, the market is stuck in \u201cwait-and-see\u201d mode.<\/p>\n

Solaxy Presale Explodes as Top Analyst Expects Major Gains for Early Investors<\/h2>\n

While Bitcoin and XRP are struggling, Solaxy<\/a> is moving in the opposite direction \u2013 and some experts think it could be one of the biggest breakout projects of the year.<\/p>\n

This new Layer-2 scaling solution for Solana has been gaining serious traction, with its presale already raising $25.7 million despite the market downturn.<\/p>\n

Unlike BTC and XRP, which are still recovering, Solaxy seems to be thriving as investors seek low-cap plays.<\/p>\n

Jacob Bury, an analyst for 99Bitcoins<\/a>, recently called SOLX a crypto with major potential.<\/p>\n<\/p>\n