Bitcoin Price Crashes to $107,000 As Fear Index Flirts With “Extreme Fear”
Bitcoin MagazineBitcoin Price Crashes to $107,000 As Fear Index Flirts With “Extreme Fear” Bitcoin price briefly tumbled to the $107,000 range today before slightly rebounding. This post Bitcoin Price Crashes to $107,000 As Fear Index Flirts With “Extreme Fear” first appeared on Bitcoin Magazine and is written by Micah Zimmerman.
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Bitcoin Price Crashes to $107,000 As Fear Index Flirts With “Extreme Fear”
Bitcoin price has tumbled to the $107,000 range as all markets enter a phase of pronounced caution.
According to the Bitcoin Fear & Greed Index, sentiment currently sits at 28/100, firmly in the ‘Fear’ category. The market would enter the ‘Extreme Fear’ category if the sentiment fell below 25/100.
The index, which gauges market emotion on a scale from 0 (extreme fear) to 100 (extreme greed), is a barometer for investor sentiment, highlighting periods when Bitcoin may be undervalued or overextended.
The current “fear” in the market and ensuing sell-off may be linked to a rising trade tension between the U.S. and China. President Donald Trump is set to address the nation from the Oval Office on Thursday at 3 p.m. EST, though details about the announcement remain unknown.
The Fear & Greed Index has become a popular tool for investors and traders seeking to separate their own emotions from broader market movements.
When fear dominates, it’s often a signal for buying opportunities, as investors may be overreacting to price dips.
Conversely, periods of extreme greed can indicate overheating and heightened risk.
For context, when bitcoin was priced above $124,000 almost two weeks ago, the index was priced above 70, which would be in the ‘greed’ category, according to Bitcoin Magazine Pro data.
JUST IN: #Bitcoin dips to $108,765
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