Fear and Greed Index for cryptocurrencies continued its decline, settling in the neutral zone at 56 as most coins pulled back.
Bitcoin slipped to $68,000, well below this year’s high of $73,500. Similarly, Ethereum fell to $2,400, while the total market capitalization of all cryptocurrencies dropped to $2.28 trillion.
Some of the worst-performing tokens included Grass, Solana, Goat and Sui, each down nearly 10% over the past several months. Historically, cryptocurrencies tend to weaken when the Fear and Greed Index shifts toward the fear zone.
Odds for Trump Decline
These coins weakened as investors priced in the upcoming U.S. general election, which could shape regulation for years to come.
Many crypto investors prefer a Trump victory because he is seen as crypto-friendly. He reportedly owns a crypto portfolio valued at more than $6 million and has pledged to be a pro-crypto president. Polling shows races in many swing states are tight, making the outcome harder to predict.
Polymarket, a major prediction market, currently gives Donald Trump a 55% chance of winning. Although still above 50%, this figure is down from last week’s peak of 67%, indicating his chances are slipping.
The continued weakness across crypto markets signals investor concern that Harris could win the election. This sentiment helps explain recent declines in shares of Trump Media & Technology (DJT). Trump-themed tokens such as MAGA, TRUMP and DJT also plunged double digits.
Beyond the U.S. election, cryptocurrencies will react to upcoming Federal Reserve decisions on interest rates. Officials are expected to cut rates by 0.25% after a prior 0.50% reduction. Historically, crypto markets often perform well when the Fed eases monetary policy.
Vantard Token Offering Performing Well
Not all crypto projects are struggling. Vantard, a project inspired by Vanguard, is seeing strong demand as its token sale accelerates.
The project has already raised over $304,000 from investors and has the potential to become one of this year’s top-performing initial coin offerings (ICOs).
Vantard’s appeal stems from its promise to create an index fund of meme coins. While most meme coins lack intrinsic utility, they have a track record of outperforming popular tokens like Chainlink, Solana and Binance Coin during certain periods.
Some of the most popular meme coins to watch include Popcat, Dogwifhat, GOAT and Brett, which have performed well this year. Several have gained more than 1,000% in 2026, pushing their combined market value above $60 billion.
Vantard takes inspiration from Vanguard, a fund manager that grew into an asset giant largely through ETFs and mutual funds. For example, the Vanguard S&P 500 ETF (VOO) has amassed over $500 billion in assets—an amount that has continued to grow in recent months.
The primary tokens for Vantard will be $VTARD, which are backed by a basket of popular cryptocurrencies. Token holders will be able to redeem them for access to the project’s treasury.
As the Federal Reserve potentially eases rates in the coming months, Vantard’s token could benefit from a more accommodative monetary environment. It may also gain from stability after the election and the seasonal “Santa Claus” rally.
More information about Vantard can be found on the project’s official site.