Bitcoin (BTC) slid below the $61,000 level on Wednesday, as the market’s widely watched ‘Fear Greed’ gauge deteriorated further into ‘extreme fear’ and a sharp jump in trading activity coincided with rising exchange inflows—signals that could amplify near-term volatility.
As of 15:15 UTC on June 25, Bitcoin was changing hands at around $60,722, down 3.29% over the past 24 hours. Aggregate trading volume surged to roughly $41.98 billion, up about 40.84% day over day, a combination that typically reflects heavier positioning adjustments and forced de-risking during declines.
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Last night, Bitcoin price was trading at $59,537, down through the $60,000 level that had been the market’s line in the sand and nearly $18,000
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