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Bitcoin Plunges Under $66,000 as Crypto Sentiment Index Hits Historic Low

Bitcoin Plunges Under $66,000 as Crypto Sentiment Index Hits Historic Low

Total market cap is holding steady today, even as sentiment sinks to the weakest level on record.

Crypto markets took a tumble Thursday morning, Feb. 12, pushing Bitcoin below $66,000 and Ethereum below $2,000, as investor sentiment deteriorated to unprecedented lows.

Total crypto market capitalization is flat over the past 24 hours around $2.33 trillion, while large-cap assets are mixed today. At press time, Bitcoin (BTC) is trading at $65,747 at press time, down marginally on the day and bringing 7-day losses to about 5%.

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BTC 24-hour price chart. Source: CoinGecko

Ethereum (ETH) fell to $1,910 this morning, little changed over the past 24 hours and down 4% on the week.

While BNB gained nearly 2% on the day, it’s still down almost 10%…

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