Bitcoin Falls Below $85,000 as Fear Index Hits 10, Most Layer-1 Chains Near Zero Activity

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Bitcoin fell below $85,100 as the fear and greed index dropped to 10, the lowest since March 2020. Ethereum dipped to $2,880 amid broader market weakness. Network activity is highly uneven, with Tron, Solana, and BNB Chain leading in fees. Most other layer-1 chains saw under $50 in 24-hour fees. Tightening liquidity and fading narratives are weighing on sentiment.
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