Meanwhile, the crypto market selloff intensified as the carnage in the global equity markets spilled over. Markets are under intense pressure as global macroeconomic conditions remain volatile. Bitcoin (BTC) plunged below the $80,000 mark, while Ethereum (ETH) is down nearly 10% over the past 24 hours.
Husky Inu AI (HINU) Set For Next Price Increase
The project’s official launch is on March 27, 2026. However, the team is open to moving the launch to an earlier or later date. The project team will conduct a series of review meetings to determine the project’s launch date. The first two review meetings were held on July 1, 2025, and October 1, 2025, while the third is scheduled for January 1, 2026. Fundraising has seen a substantial uptick over the past few weeks, after overcoming a significant slowdown. Husky Inu AI has raised $922,464 so far, and could cross $1 million before its official launch.
Cryptocurrency Market Crash Intensifies
Meanwhile, the cryptocurrency market selloff intensified, with Bitcoin (BTC), Ethereum (ETH), and nearly all other altcoins trading deep in the red. The crash occurred amid declining futures open interest in the industry, which fell to a low of $113 billion, while total liquidations plunged $1.6 billion. Bitcoin liquidations surged to $750 million, while Ethereum positions worth $554 million were wiped out.
ETFs also registered heavy outflows over the past week, indicating weak demand from institutional and retail investors. The Crypto Fear & Greed Index also plunged back into “Extreme Fear” territory, and currently sits at 18. President Donald Trump’s nomination of Kevin Warsh as the next Fed Chair has also spooked investors. Warsh is known to be hawkish, with markets worried he would become another Jerome Powell once confirmed. The appointment triggered a $7 trillion sell-off in metals, dampening risk appetite.
On the geopolitical side, the threat of an imminent US attack on Iran has also dampened market sentiment. Iran has hinted it could shut down the Strait of Hormuz in the event of an attack by the US.
