Extreme fear dominates crypto trading as the Crypto Fear and Greed gauge rises to 18, slightly above last week’s low of 10. Bitcoin trades above $90,000, up 4% in a day, amid concerns over global growth. Altcoins like Kaspa, Flare, and SKY see gains despite weak charts, attracting attention in a nervous market.

Kaspa trades near $0.059, up 16% in 24 hours, driven by interest in its proof of work design. Liquidity on major exchanges remains steady, supporting rotation between Bitcoin, stablecoins, and Kaspa. Flare’s FLR token trades near $0.015, up 13% on the day, with increased volume and focus on data feeds and cross-chain connectivity.

SKY trades near $0.047, up 11% in 24 hours, within the smaller cap bracket. The move appears to be driven by rotation into names providing liquidity for shorter-term strategies. Altcoin season metrics remain low, with many portfolios cautious due to extreme fear and slower flows into complex products.

Gains in Kaspa, Flare, and SKY point to pockets of activity in a fragmented altcoin season. Projects with ongoing technical narratives, reward programs, and liquidity attract attention, but the market remains cautious until fear readings recover and Bitcoin stabilizes. Altcoin season is likely to stay selective until broader market conditions improve.

Read more at Yahoo Finance: Has Crypto Fear Peaked? KAS, FLR, SKY Rise While Caution Lingers In Altcoin Season