📉 Crypto Market in Extreme Fear Mode
The crypto market has entered extreme fear as Bitcoin plunged to $60,000, sending shockwaves across the market.
The Crypto Fear & Greed Index dropped to 9/100, its lowest level since 2022. Bitcoin is now down 38% from its 2026 high, breaking below the 200-week EMA, a level rarely lost outside deep bear markets.
💥 The sell-off triggered $2.7B in liquidations within 24 hours, with most losses coming from leveraged long positions.
📊 Main reasons behind the drop:
Heavy sell-off in US tech stocks
Rising risk-off sentiment
Weak economic data and a cautious Fed
⚠️ Volatility remains high. Manage risk and trade carefully.
#CryptoMarket #BinanceSquare #CryptoNews

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