Bitcoin Drops Below $95,000 as Fear & Greed Index Hits Lowest Level Since February
2025-11-17 05:45
Bitcoin market sentiment has reached its weakest level in nine months. The Fear & Greed Index now sits at 10, marking extreme fear among investors. This drop signals growing pessimism across the cryptocurrency market. The leading digital asset has fallen below critical technical levels. Both the 7-day and 30-day moving averages now sit above the current price. This pattern indicates deteriorating momentum across short and medium timeframes. Bitcoin has declined 9.81% over the past week. The price dropped beneath the psychologically important $100,000 threshold. At the time of writing, Bitcoin is trading at around $94,211. Large-scale holders have accelerated their selling activity. These ”whales” control substantial portions of the circulating supply. Their distribution pattern has intensified downward pressure. BTC weekly price action (Source: CoinMarketCap ) Institutional Interest Weakens Amid Tech Correlation U.S. spot Bitcoin exchange-traded funds recorded notable outflows . These vehicles offer institutional investors regulated exposure to cryptocurrencies. Declining...
