Why Bitcoin, Ethereum, XRP Decline Could Be Unstoppable on Tuesday
6 Articles
6 Articles
While uncertainty looms, Bitcoin (BTC) proponents point out that dips often present opportunities to improve their market position. Read more
Bitcoin dips under $106,000 as crypto sentiment hits Extreme Fear”
Bitcoin’s latest slide under $106,000 jolted crypto nerves on Tuesday, with the Crypto Fear & Greed Index halving in a day to 21 out of 100—firmly “Extreme Fear.” The tumble followed a choppy 24 hours in which BTC fell to $105,540 from an intraday peak above $109,000 and then clawed back to trade just over $106,500. It is the index’s weakest reading in nearly seven months; the last lower mark was 18 on April 9, when markets recoiled after US Pre…
Why Bitcoin, Ethereum, XRP decline could be unstoppable on Tuesday
Bitcoin (BTC) declines for the second consecutive day, reflecting a sticky risk-off sentiment in the broader cryptocurrency market. Trading below $104,000 at the time of writing on Tuesday, the path of least resistance appears to be downward, targeting its October low of $102,000.
Market sentiment declined according to the Cryptocurrencies Fear and Greed Index, a key tool for measuring the mood of investors.
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