Crypto sentiment nosedives to ‘extreme fear’ as Bitcoin drops under $106K — TradingView News
Crypto market sentiment took a major fall on Tuesday after Bitcoin briefly fell below $106,000 for the first time in over three weeks.
The Crypto Fear & Greed Index on Tuesday dropped by half from the day before to a score of 21 out of 100, indicating “Extreme Fear” in the crypto market.
Bitcoin (BTC) fell to a 24-hour low of $105,540 on Monday, sliding from an intraday peak of over $109,000. It’s currently down 2% on the day, recovering above $106,500, per CoinGecko.
The crypto sentiment tracking index’s score on Tuesday is its lowest in nearly seven months, having dropped to 18 out of 100 on April 9, as the wider stock and crypto markets fell in reaction to US President Donald Trump’s sweeping global tariffs that went into…
