• Bitcoin back to record fear levels as it wipes weekend gains Bitcoin plunged over $3,000 in two hours, while the Crypto Fear and Greed Index has slumped to historic lows again. • Cointelegraph in your social feed The Crypto Fear and Greed Index fell back to its lowest levels on Monday as Bitcoin plunged more than 4% on the day to $64,300, giving back its gains since Friday. • More than 136,000 traders were liquidated over the past 24 hours, with total liquidations sitting at $458 million, 92% of which were leveraged long positions,accordingto CoinGlass. • Bitcoin saw somegainsover the weekend, tapping $68,600 on Saturday, but it now sits at support at the bottom of a range-bound channel that formed after its Feb. • 6 wipeout to $60,000. • Bitcoin is now trading 48% lower than its October all-time high of $126,000 and 5.5% below its peak level of $69,000 from the 2021 bull market.
Article Summaries:
- The Crypto Fear and Greed Index fell back to its lowest levels on Monday as Bitcoin plunged more than 4% on the day to $64,300, giving back its gains since Friday. More than 136,000 traders were liquidated over the past 24 hours, with total liquidations sitting at $458 million, 92% of which were leveraged long positions, according to CoinGlass. Bitcoin saw some gains over the weekend, tapping $68,600 on Saturday, but it now sits at support at the bottom of a range-bound channel that formed after its Feb. 6 wipeout to $60,000. Bitcoin is now trading 48% lower than its October all-time high of $
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