【Fear Index falls to 20: Bitcoin and U.S. stocks “decouple”】
Bitcoin fell below $70,000 on Friday, down about 9.2% over the week, according to CoinGecko. The Crypto Fear & Greed Index dropped to 20, returning to the “Extreme Fear” zone for the first time since July 8.
10x Research noted that BTC fell 5.9% from November 5 to 12, while the Nasdaq 100 rose 6.4% over the same period. BTC appears to be tracking U.S. Treasury yields (with the 10-year yield surpassing 5%) and the strong dollar, moving in step with gold.
Data from Talos shows that BTC order-book depth on major exchanges fell to about $72 million on November 9, roughly 33% below normal. Combined with high leverage, this makes it easier for volatility to be amplified. Reports also indicate that BlackRock’s IBIT saw net outflows of more than $2 billion for nine consecutive trading days.
Market sentiment is weak; take care to manage risk.
#比特币 #市场情绪 #ETF $BTC
Bitcoin fell below $70,000 on Friday, down about 9.2% over the week, according to CoinGecko. The Crypto Fear & Greed Index dropped to 20, returning to the “Extreme Fear” zone for the first time since July 8.
10x Research noted that BTC fell 5.9% from November 5 to 12, while the Nasdaq 100 rose 6.4% over the same period. BTC appears to be tracking U.S. Treasury yields (with the 10-year yield surpassing 5%) and the strong dollar, moving in step with gold.
Data from Talos shows that BTC order-book depth on major exchanges fell to about $72 million on November 9, roughly 33% below normal. Combined with high leverage, this makes it easier for volatility to be amplified. Reports also indicate that BlackRock’s IBIT saw net outflows of more than $2 billion for nine consecutive trading days.
Market sentiment is weak; take care to manage risk.
#比特币 #市场情绪 #ETF $BTC
