The Federal Reserve held rates steady at 3.75% for the fourth consecutive time, and markets responded with a swift selloff. Bitcoin fell to $75,598, down 2.16% on the day, while Ethereum dropped a sharper 3.71% to $2,243. Total crypto market cap sits at $2.62 trillion, with BTC dominance at 57.7% — a sign capital is rotating defensively into the largest asset rather than spreading into alts.
The damage was broad: over $537 million in liquidations swept the market in 24 hours, with the Fear & Greed Index printing 29 — deep in Fear territory. The Altcoin Index at 39/100 confirms the risk-off tone is not confined to the majors.
Not everything bled. Small-cap standouts Goldfinch (+64%) and Sleepless AI (+46.9%) bucked the trend, and the funding pipeline stayed active — Fence closed a $20M Series A led by Galaxy, Blockworks extended its Series A via ParaFi Capital, and Belo raised $14M led…