Day: February 6, 2026

Crypto Fear and Greed Index sinks to 9 after $2.7B in leveraged erased

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Crypto traders faced one of the most brutal resets on Thursday after Bitcoin’s free fall wiped out roughly $2.7 billion in leverage positions in the last 24 hours. As the panic escalates, the Crypto Fear and Greed Index, which tracks investor sentiment using factors such as volatility, trading volume, and Bitcoin’s dominance, has fallen to 9, its lowest reading since June 2022. Bitcoin is trading above $65,000, reflecting a roughly 10% decline in the past day. Bitcoin has trimmed some of its losses after briefly testing the $60,000 level, but…

Bitcoin Crashes to $60K as Sentiment Hits 2022 Lows

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Crypto market sentiment has slumped to its lowest level in over three and a half years amid Bitcoin falling by double-digit percentage points to a low of around $60,000. The Crypto Fear & Greed Index fell to a score of 9 out of 100 on Friday, indicating “extreme fear” in the market and hitting its lowest point since June 2022, when sentiment and the market fell in the wake of the collapse of the Terra blockchain a month earlier. The index has been at a low for the last fortnight…

BlackRock’s Bitcoin ETF Hits Daily Volume Record of $10B

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BlackRock’s spot Bitcoin exchange-traded fund (ETF) has reportedly seen an all-time peak daily trading volume as traders responded to Bitcoin’s rapidly crashing price. The iShares Bitcoin Trust ETF (IBIT) “crushed its daily volume record” on Thursday, with $10 billion worth of shares trading hands, Bloomberg ETF analyst Eric Balchunas said on X. Balchunas added that IBIT dropped 13% on the day, its “second-worst daily price drop since it launched,” with its biggest daily price crash coming in at 15% on May 8, 2024. Source: Eric Balchunas On Wednesday, IBIT posted…

Why Is The XRP Price Falling Today? Weak On-Chain Signals Raise Risk of a Move Toward $1.00

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The XRP price is facing renewed selling pressure, even as Ripple announces another step toward deeper institutional integration with the decentralized finance (DeFi) ecosystem. Related Reading The token is trading near $1.42, down more than 10% over the past 24 hours, as market participants focus less on corporate developments and more on weakening technical and on-chain signals. The divergence shows a familiar pattern in the markets, positive infrastructure news does not always translate into price support. The latest drop accelerated after XRP slipped below $1.60, a level that had previously…