BUSINESSJun 4 · 20:28 UTCBITCOIN MAGAZINEMicah Zimmerman

Bitcoin Price Plunges Below ‘Fire Sale’ Territory as Fear Index Reads 12 — Echoing the FTX Crash

Bitcoin's price fell below the 'Fire Sale!' valuation band on the Bitcoin Rainbow Chart, reaching levels last seen during the FTX collapse in November 2022. The Fear and Greed Index registered 12, indicating 'Extreme Fear,' as Bitcoin dropped below $62,000 amid concerns over market liquidity and institutional capital shifts.

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BitcointopicBitcoin Rainbow CharttopicFear and Greed IndextopicFTX exchangeorganizationSam Bankman-FriedpersonMichael SaylorpersonStrategyorganization

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