Bitcoin fell to $66,091.84 during late-morning U.S. trading hours on Thursday, as the Nasdaq index dropped 1.6%. The cryptocurrency is down 1.5% over the past 24 hours, while Ether has declined over 2%, trading just above $1,900. The Crypto Fear & Greed Index plummeted to 5, indicating "extreme fear," surpassing levels seen during previous market downturns. Standard Chartered's Geoff Kendrick has revised his 2026 price targets for major cryptocurrencies, warning Bitcoin could fall to $50,000. Major crypto-related stocks also suffered, with Coinbase and Robinhood each losing over 8%. Other significant decliners included MicroStrategy, Circle Financial, and Hut 8, down 4.2%, 4.3%, and 6.6% respectively.