Fantom (FTM) has experienced a significant downturn, dropping 9.64% against the US Dollar in the last 24 hours, underperforming the broader cryptocurrency market, which saw a 10.47% decline. The coin also recorded losses against Bitcoin and Ethereum, with decreases of 8.30% and 8.95%, respectively. Over the past month, Fantom has fallen by 34.08%, despite showing a 46.20% increase over the past year. The current market sentiment is bearish, with 69% of indicators pointing towards a negative outlook. Investors should remain cautious as the market exhibits high volatility.