Bitcoin fell to its lowest since May on Sunday before paring some losses as sentiment across the crypto market remained locked in extreme fear. The Cryptocurrency Fear and Greed Index hit the extreme fear zone of 10 after already being at the same level on Saturday.
Bitcoin BTC$94,062.31 was trading around $95,087 as of 6:20 p.m. UTC, down 1% in the past 24 hours after briefly falling below $94,000, its lowest level since May 6, based on TradingView data.
BTC-USD Year-to-date chart (TradingView)
Ether across the majors Ethereum$3,212.90 Solana down 3.23% to $3,113, XRP down 2.1% to $2.21, BNB down 1.6% to $926.21 sol$141.95 It fell 3.6% to $137.79.
Analysts see room for further decline
Crypto analyst Ali Martinez said on X that Bitcoin has broken out of the channel and argued that this move could cause it to fall towards $83,500.
Analyst Benjamin Cowen noted that Bitcoin has experienced a death cross, adding that in the past it has often experienced localized lows. He said Bitcoin needs to bounce back within the next week to stay in the cycle, warning that failure to do so could lead to further declines before an even bigger rally to the 200-day moving average. Cowen urged traders to “trade the market you have, not the market you want.”
Retail panic suggests possibility of reversal
Market intelligence platform Santiment said the Bitcoin discussion rate soared to a four-month high on Friday as it fell below $95,000, pointing to growing anxiety among retailers. The company said such a spike in social control could increase the likelihood of a market reversal, but stressed that this pattern is not guaranteed.
Michael Saylor hints at massive Bitcoin purchase
Strategy (MSTR) Executive Chairman Michael Saylor hinted that the company would announce its latest Bitcoin acquisition on Monday, posting the phrase “Big Week” on X while attaching a screenshot from StategyTracker, a leading real-time Bitcoin financial analysis platform.
Gold extends lead over digital assets
Market strategist Charlie Bilello said gold is up 55% this year and is the best-performing major asset in 2025, while Bitcoin, up about 1%, is the worst-performing major asset. He described this divergence as a reversal of 2013, noting that this kind of momentum has not been seen in any previous calendar year.
