Bitcoin Struggles Below $40K as Sentiment Returns to Extreme Fear (Market Watch)

The Bitcoin fear and greed index has gone back to a state of “extreme fear” as BTC stands below $40,000.

After dropping below $40,000 earlier this weekend, bitcoin has been unable to reclaim that level despite a few attempts. The rest of the market is also relatively calm today, with ETH sitting beneath $3,000.After the Monday crash, bitcoin went on the offensive and added several thousand dollars in about a few days. As a result, it broke above the January 2021 all-time high of $42,000 and kept climbing.towards $43,000, which became a ten-day high.

In fact, the price drop was quite sudden, and the asset found itself trading below $40,000 hours later, asIt tried recovering a lot of ground but was stopped in its tracks at $40,000. This is where it sits now as well, and its market capitalization stands at $750 billion.This is all you need not to miss any price action in the raging crypto markets. Start receiving this recap, for free, every day:

Australia Australia Latest News, Australia Australia Headlines

Similar News:You can also read news stories similar to this one that we have collected from other news sources.

Crypto Markets Lost $100B in a Day as Bitcoin Plunged to $40K (Market Watch)The cumulative market cap of all crypto assets lost $100 billion in a day as BTC and most altcoins are deep in the red. Bitcoin Balance on Exchanges continuously keeps on nose-diving Bitcoin's circulating supply that is off exchanges has not moved in 1+ years. So this is considered extremely BULLISH Bravo bnbt_ix Made us proud her tweets tips have been very helpful, I’ve been doing superb 5 million stores accepting BTC? Dream on, and LondonCoin Systems will make it happen soon.
Source: Crypto_Potato - 🏆 568. / 51 Read more »

Bitcoin, Ethereum Technical Analysis: BTC Moves Below $40,000 on Saturday – Market Updates Bitcoin NewsBitcoin fell below $40,000 to start the weekend, as crypto markets continued to be submerged by the latest red wave. EtheraToken $TFBX $OLAND TFBX truefeedback_io tegisto_io oceanland_io BNB BTC USDTether عملة حزم سكام نصب واحتيال hzm scam
Source: BTCTN - 🏆 531. / 51 Read more »