📉 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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