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Bitcoin market sentiment has plunged into “extreme fear” territory as prices slipped below $104,000 on Tuesday. The latest reading from Alternative’s Crypto Fear & Greed Index shows a score of 21, reflecting a sharp downturn in investor confidence.
Bitcoin is currently priced at $103,803, marking a 3% decline in the past day, a 9% weekly drop, and a 16% fall over the past month. The pullback has erased most of October’s gains and cooled the excitement that followed the earlier surge above $110,000.
Related: Crypto Fear and Greed Index Drops as Market Sentiment Cools Near Bitcoin $121K
Market a…
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