• Bitcoin retakes $64,000, crypto miners rally, as AI-related software rout eases Sellers are taking a breather as bitcoin’s Fear & Greed Index plunged to levels never seen before. • What to know: Crypto prices were putting in a modest rally on Tuesday, with bitcoin climbing past $64,000. • The bitcoin Fear & Greed Index fell to 5, a level not even seen during the 2018 bear market, the 2020 Covid crash, and 2022’s crypto winter. • AI fears are taking a breather on Wall Street, with the embattled software sector (IGV) gaining 1.7% after a relentless plunge in recent weeks. • BitcoinBTC$65,065.42pushed back above $64,000 in early U.S. • trading Tuesday, tracking a broader rebound in risk assets after several sessions of turbulence.
Article Summaries:
- Bitcoin surged past $64,000, marking a modest rally after a sharp decline in the Fear & Greed Index, which fell to 5-the lowest since 2018. The rebound coincided with a rebound in the tech‑heavy Nasdaq 100 and a 0.8% rise in the S&P 500, while gold and crude oil slipped. Crypto‑related shares mirrored the trend: software‑sector ETF IGV gained 1.7% as AI‑related fears eased, and bitcoin‑mining stocks such as Bitdeer, Cipher Mining, Hut 8, and TeraWulf rose 6‑10%. Meanwhile, Anchorage Digital disclosed it holds preferred stock in bitcoin‑treasury firm Strategy, underscoring institutional confidence amid market volatility.
Sources:
- https://www.coindesk.com/markets/2026/02/24/bitcoin-retakes-usd64-000-crypto-miners-rally-as-ai-related-software-rout-eases (Latest source article published: 2026-02-24 17:29 UTC)