Crypto markets have recently dropped to their lowest prices in three months, reversing most of the gains following Trump’s U.S. presidential victory. Bitcoin had been holding up relatively well until the $92,000 level, which had been holding as support since November 2024, was broken. The price then rapidly fell to $80,000, where it found support.
Sentiment in the crypto market has been weakened, as signified by the Crypto Fear and Greed Index, which has dropped from a level of 55 (Neutral) to as low as 10 (Extreme Fear) in the last month. It is currently at 34.
Crypto’s high correlation to traditional markets means bitcoin and wider crypto asset prices have also been affected by the uncertainty around tariffs and what they could mean for the U.S. economy in the immediate future.
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We współpracy z: https://www.coindesk.com/coindesk-indices/2025/03/12/bitcoin-where-does-it-go-now
