bitcoin It continued to fall on Tuesday in US hours, falling below $102,000 and clearing the lows from the October 10 decline.
The largest cryptocurrency plummeted 4.5% in the last 24 hours and 11.8% in the last seven days, to around $101,900, its weakest level since late June.
Ethereum ether It also fell below lows around $3,410, the lowest in three months and down nearly 6% today. BNB SOL from Solana , and Cardano’s ADA decreased by 5% to 7% during the same period. The entire group is down 15% to 20% over the past week.
Cryptocurrency-related stocks were not spared either. Strategy (MSTR), the largest corporate holder of BTC, fell another 5% to its weakest price since April. Cryptocurrency exchange Coinbase (COIN) and digital asset investment firm Galaxy (GLXY) declined by similar amounts.
Investor sentiment deteriorated along with price action. The most followed sentiment indicator, the Fear & Greed index, fell to 21, indicating “extreme fear” in the market. That’s the metric’s most depressed reading since early April, when BTC fell below $75,000 during the tariff tantrum.
The collapse of the bitcoin treasury bubble continues to resonate, and former BTC hoarders have begun to become sellers. Paris-based Sequans announced early Tuesday the sale of 970 BTC to help pay off previously accumulated debt.
