‘Extreme fear’ grips crypto after Goldman, Morgan Stanley warnings

The crypto market has plunged into a range of “Extreme Fear” conditions only weeks after hitting fresh highs. The global crypto market cap now stands at $3.62 trillion, with Bitcoin trading near $104,343, down 3% over 24 hours and Ethereum near $3,509, down 5.2% The widely followed Fear & Greed index reads just 21, a level signifying near-panic. At the same time, derivatives markets recorded a staggering $1.33 billion in liquidations over 24 hours, most of it from long positions. More from TheStreet W ...