Crypto market deepens correction
Market picture
The cryptocurrency market is under pressure, losing about 4.6% in 24 hours to $3.2 trillion by the start of active trading in Europe. These are five-day lows, with the crypto market driven by a sell-off in safe havens such as Bitcoin and Gold in hopes of deescalating tensions between Lebanon and Israel. Separately, Trump’s tariff threats are playing against stock indices and weighing on equities.
The Cryptocurrency Fear and Greed Index fell to 79. That is still extreme greed, but the index’s lowest level in two weeks.
Bitcoin fell below $93K on Tuesday morning, deepening its corrective pullback and falling for the fourth consecutive day. On Monday, there was a renewed attempt to take the price above…
