Overview
- The token slipped under $90,000 for the first time since April, with prices around $89,400–$89,950 reported across Tuesday trading.
- The broader crypto market has shed more than $1.1 trillion in value since October 6, while the Crypto Fear & Greed Index sank to extreme fear readings near 10–11.
- Single‑day liquidations topped $1 billion, including roughly $800 million in overleveraged long positions, as sparse order books amplified the drop.
- Spot bitcoin ETFs recorded sizable net redemptions approaching $1 billion in a day, and related assets fell, with ether slipping below $3,000 and crypto‑linked stocks weakening.
- Analysts flag next technical supports around $82,000–$83,000 and near $75,000 if volatility persists, even as some data show long‑term holders accumulating.