Bitcoin continued to slide on Tuesday in US hours, falling below $102,000 and clearing the lows from the October 10 crash.
The major crypto is down 4.5% over the past 24 hours and 11.8% over the past seven days to near $101,900, the weakest since late June.
Ethereum’s Ether also fell below the lows of around $3,410, a three-month low and down nearly 6% today. GDP Solana’s SOL , and Cardano’s ADA decreased 5%-7% in the same period. The entire group is down 15%-20% over the past week.
Crypto-related stocks were also not spared. Strategy (MSTR), the largest corporate BTC holder, fell another 5% to its weakest price since April. Crypto exchange Coinbase ( COIN ) and digital asset investment company Galaxy ( GLXY ) fell by similar amounts.
Investor sentiment worsened alongside the price action. The well-followed sentiment indicator, the Fear & Greed Index, fell to 21, indicating “extreme fear” in the market. That’s the metric’s most depressed reading since early April, when BTC fell below $75,000 amid the tariffs’ tantrum.
The collapse of the bitcoin tax company bubble continues to reverberate, with the former accumulators of BTC beginning to turn sellers. Paris-based Sequans announced the sale of 970 BTC early Tuesday to help pay off previously accumulated debt.
