Extreme Fear Returns to Market as Bitcoin Breaks $104k Support

Summary

The post reports that Bitcoin slipping below $104,000 triggered a plunge in the Crypto Fear & Greed Index to 27, the lowest level in seven months, signaling extreme market fear. Analysts link the drop to waning institutional demand, a recent Federal Reserve rate‑cut signal that ruled out further easing, and nearly $800 million of net outflows from Bitcoin‑linked ETFs, pushing institutional buying below daily mined supply. The author presents these data points as evidence that broader macro and funding pressures are reigniting anxiety in the crypto market.