Investing.com

#Investing.com -$BTC $ETH $SOL Global cryptocurrency markets have been rocked in the past 24 hours, adding to the jitters investors have not recovered from after the collapse caused by the DeepSeek AI platform and the Bank of Japan’s decision to raise interest rates last week. According to the figures, Bitcoin’s price has fallen by 6% and Ethereum’s by 8% in just one week.

Indeed, based on the Bitcoin Fear and Greed Index, which has been at Fear to Extreme Fear levels for nearly a month, one would assume that Bitcoin (BTCUSD) is dead. More on that later, as for now, Bitcoin is down "only" ~30% from its all-time high at last week’s low. Furthermore, in the previous update, we observed that BTC is currently trading at the same level as then. See Figure 1 below.