1 of 3
Bitcoin Plummets Amid Fear
- Bitcoin's price has fallen below $95,000, down more than 24% from its October peak.
- Nearly $870 million has been pulled from Bitcoin Exchange-Traded Funds (ETFs), contributing to a tech stock sell-off.
- Analysts say the cryptocurrency market has entered a bear phase, driven by weak ETF inflows and selling by long-term holders.
- The Fear and Greed Index is at extreme fear, and predictions point to declines to $90,000–$93,000 if trends continue.
1 / 3
