The last day has been a true test for crypto investors. Following the appointment of Kevin Warsh as head of the Fed, the market was engulfed by a wave of uncertainty. According to CoinGlass, volatility led to record liquidations amounting to over $2.56 billion. Bitcoin ($BTC ) briefly fell below $75,000, reaching levels not seen since November 2024.
As reported by Investing.com, such a sharp pullback is caused not only by the Fed's policy but also by the decline of tech giant stocks. However, the fear and greed index has already entered the extreme fear zone. Historically, this is the moment when large players start buying up the panic of retail traders. Will $73,000 be the final bottom before a new surge, or will we see a deeper correction?
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