Bitcoin Price Plunges Below ‘Fire Sale’ Territory As Fear Index Reads 12 — Echoing The FTX Crash

Jun 4, 2026 - 22:15
Bitcoin Price Plunges Below ‘Fire Sale’ Territory As Fear Index Reads 12 — Echoing The FTX Crash
Bitcoin price dropped to levels on Thursday that placed it below the “Fire Sale!” band on the Bitcoin Rainbow Chart — a depth not reached since the catastrophic FTX exchange collapse in November 2022 — as the Fear and Greed Index registered a reading of 12 out of 100, deep in “Extreme Fear” territory. Bitcoin...

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