Bitcoin and Ethereum Consolidate as Market Sentiment Drops to Extreme Fear

BTC-1.68%
ETH-3.45%

Gate News bot message, Bitcoin and Ethereum continue to trade within established ranges amidst ongoing liquidations across both short and long positions. This occurs as stock markets move into negative territory, with market sentiment declining to extreme fear levels.

Current market data shows Bitcoin trading at $101,739, down 1.4%, while Ethereum stands at $3,341, recording a 0.9% decrease. The Fear and Greed Index has dropped to 24, indicating extreme fear. The total cryptocurrency market capitalization remains at $3.60 trillion, with liquidations reaching $584 million.

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