Bitcoin has returned to extreme fear levels after erasing its weekend gains, experiencing a sharp decline of over $3,000 within two hours to approximately $64,300, following a daily drop exceeding 4% on Monday.
This downturn has pushed the Crypto Fear and Greed Index to a historic low of 5/100, reflecting heightened market anxiety.More than 136,000 traders were liquidated over the past 24 hours, with total liquidations reaching $458 million, of which approximately 92% were leveraged long positions.This came from Donald Trump announces increase in global tariffs from 10% to 15% event- The US president stated that the move targets countries that have allegedly “exploited” the United States for decades.- He also indicated that additional tariff measures are expected to be implemented in the coming months.$BTC is currently trading about 48% below its all-time high of $126,000 recorded in October, and 5.5% below the previous cycle peak of $69,000 established in 2021.