Major crypto platform shuts shop amid 'extreme fear' in market
Yahoo Finance·2026-02-19 23:44
It has been more than four months since the mass liquidation event in the crypto market on Oct. 10 last year but digital assets are yet to recover from the shock. The total crypto market capitalization has declined nearly 50% since then. Bitcoin (BTC), which hit an all-time high of $126,080 on Oct. 6, is trading around 47% lower at $67,020.74. The Crypto Fear & Greed Index is currently sitting at 8 points, reflecting "extreme fear" in the crypto market. Meanwhile, Google searches for "Bitcoin zero" hav ...