Extreme fear returns as Bitcoin and Ether extend weekly losses

[madtrader]

Investor caution has returned to the crypto market, with sentiment slipping back into “Extreme Fear” after a brief period of stabilization. The Crypto Fear & Greed Index moved into extreme fear territory on Thursday after remaining in “Fear” since January 20.

The shift comes amid notable price declines. Bitcoin has fallen nearly 7% over the past seven days, while Ether is down more than 9%, according to CoinMarketCap data. Bitcoin has also dropped over 4% in the past 30 days and continues to trade below the key $100,000 psychological level.

Bitcoin has not reclaimed that level since November 13, leading some analysts to question whether the market is entering a prolonged bearish phase. However, others argue that heightened fear could signal exhaustion rather than further downside.

[AIcash]

ether down 9% this week… crypto mood swings never get old