Crypto Markets Today: Privacy Tokens DASH, XMR, DCR Shine, BTC, ETH Stall as Market Consolidates

The cryptocurrency market is consolidating with Bitcoin, Ethereum, and Solana showing slight declines, while privacy-focused tokens like Decred, Dash, and Monero are experiencing gains. The total crypto market capitalization fell by 0.6% to $3.51 trillion, holding above last week's low. Decred surged by 22%, with Dash and Monero also performing well at 4.5% and 3.4% gains, respectively. The Fear and Greed Index has dipped to 26, signaling a fearful market sentiment. Traders are closely monitoring U.S. government developments that could impact crypto policies and market volatility. The volatility index for Bitcoin remains elevated, reflecting potential price turbulence amidst thin market liquidity. Futures activity has shown mixed results, with some altcoins gaining open interest while major tokens like Ethereum and XRP showed declines. The overall sentiment in the market reflects uncertainty, with the Altcoin market demonstrating indecision as privacy tokens lead the charge against a backdrop of losses in larger cryptocurrencies.

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