Bitcoin fell below the $67,000 mark as investors panicked and began a mass sell-off

Bitcoin is in a slump
- The price fell to $66,896.43 but had already edged up slightly to $67,383.84 by the time of publication.

- Since mid‑January the price dropped from $92,000 to $80,000 (by February 1), and now is almost 30% below last week’s low.

Investor sentiment
- The Fear & Greed Index hit 11 – its lowest level in recent memory.

- The index measures market emotions from “extreme fear” (0) to “extreme greed” (100), analyzing a wide range of market factors.

Parallel markets
Market movement | Gold | Silver | U.S. equities (e.g., Invesco QQQ)
Gold –1 % → < $4,900/oz | Silver –11 % → < $79/oz | +0.05 %

Cryptocurrencies and precious metals are experiencing a mass sell‑off, while the U.S. equity market remains relatively resilient.

Bitcoin‑related stocks
Company | Price change | Note
Strategy (public BTC holder) | –5 % → 80 % below historical high (Nov 2024)
Strive, Nakamoto~ | –6 %
Coinbase | –2 %
Bullish / CoinDesk | –0.4 %

Mining companies
- IREN: –3 %
- Cipher Mining: –2 % (continuation of yesterday’s ~15 % drop)
- Large miners with substantial BTC reserves (Riot, MARA Holdings, CleanSpark) fell about 3 %.

Possible reversal
A potential trend shift could occur if correlation with the iShares Expanded Tech Software ETF persists, as this fund has risen slightly. Such funds often serve as indicators of historical cryptocurrency price trends.

Conclusion: Bitcoin continues to fall under “extreme fear” pressure, and related companies and mining assets mirror similar trends, while traditional markets show relative resilience.