Bitcoin's price fell below $90,000 on Monday, reaching its lowest point since February and wiping out all gains for 2025. The decline was precipitated by the cryptocurrency's inability to reclaim the critical support level of $93,700, leading to a technical pattern known as a death cross. This development has pushed the Fear & Greed Index to 11, its lowest since 2022, indicating extreme market fear.
The downturn in Bitcoin's price is compounded by stalled ETF inflows and diminishing liquidity, as investors express concerns over the impact of Trump-era tariffs and the delay in anticipated Federal Reserve rate cuts. These factors have contributed to a challenging environment for Bitcoin, as market sentiment remains cautious.
Bitcoin Plummets Below $90K as Death Cross Triggers Market Fear
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