Bitcoin Drops Under $61k, Fear Amid Traders
The crypto market continues the bearish pattern, with top assets losing steam: Bitcoin, Ethereum, BNB, Solana, and every other top asset lost value on Wednesday.
According to Cointree, the Fear & Greed Index also represents the same. The metric has dropped to 39, indicating growing fear among traders. Besides the stablecoins, only TRON managed to maintain a firm stance in the past 24 hours.
Conversely, new coins like Chiliz and NEIRO continued to surge in value. Here is an overview of the crypto market to help traders gauge its dynamics.
Bitcoin
Bitcoin finally lost its footing and fell below the 61k mark. The industry leader is currently trading at 60,889 dollars.
BTC lost 2.57% value in the past 24 hours, while its 7-day performance…
