As per Coindesk, Bitcoin fell below $94,000 for the first time since May 6, 2025, amid extreme fear sentiment in the crypto market. The Crypto Fear & Greed Index remained at 10, indicating extreme fear. Bitcoin was trading at $95,087 as of 6:20 p.m. UTC, down 1% in the past 24 hours. Other major cryptocurrencies also declined, including ether, XRP, BNB, and Solana. Analysts warned of potential further declines, with some noting a 'death cross' and a possible drop toward $83,500. Santiment reported a spike in Bitcoin-related discussions, signaling heightened retail fear. Michael Saylor of MicroStrategy hinted at a new Bitcoin purchase to be announced Monday. Market strategist Charlie Bilello noted gold's 55% year-to-date gain compared to Bitcoin's roughly 1%.
Bitcoin Drops Below $94,000 for First Time Since May Amid Extreme Fear Sentiment
CoinDeskShare
Source:Show original
Disclaimer: The information on this page may have been obtained from third parties and does not necessarily reflect the views or opinions of KuCoin. This content is provided for general informational purposes only, without any representation or warranty of any kind, nor shall it be construed as financial or investment advice. KuCoin shall not be liable for any errors or omissions, or for any outcomes resulting from the use of this information.
Investments in digital assets can be risky. Please carefully evaluate the risks of a product and your risk tolerance based on your own financial circumstances. For more information, please refer to our Terms of Use and Risk Disclosure.