Bitcoin price decreased by 12 % this week, with fear index decreased to 2022 levels

The uncertainty continued in the encryption market, as Bitcoin has achieved the largest three -day chip since the FTX collapsed, while analysts pointed to more passive momentum.

Hit the Crypto Fear & Greed index its lowest level a point During nearly three years, given that “extreme fear” acquired the digital asset market and the prices of the risk. According to the index, the low levels of feelings that suffer from a low number of multiple feelings that were last seen in mid-2022, when they suffer from the failure of many companies-such as Terraform Labs and Three Arrows Capital-ecosystems of virtual currency.

Bitcoin (BTCMore than 12 % decreased this week, and the knee by commercial wars from the Trump tariff and high inflation fears. Spot tracking products for encryption exchange BTC And ethereum (EthHe also saw a record External flowsWith giants like Blackrock leads the sale.

The landing on the Nasdaq Stock Exchange has accumulated in the Chefir market already, despite the fourth quarter profits in NVIDIA that exceeds the expectations of analysts.

While investors sought digital assets to obtain relief from macroeconomic data in the United States and expected Federal Reserve price discounts, one analyst said that the basic personal consumption expenses report for this week may provide dull market movements.

Experts expect the US Personal Consumption Index to show an increase of 2.6 % year on year in January, an improvement in 2.8 % recorded in December. This would indicate that inflation has slowed down, and possibly stimulating the federal reserve to reduce interest rates.

“This time it may be different. While the report of personal consumption expenses is to track the preferred inflation of the Federal Reserve, other indicators, such as the consumer confidence index in the conference council, expects the inflation to rise for 12 months from 5.2 % to 6 %.

“Even if the PCE comes in the most softening of expectations, it can be considered a confirmation of slow growth, and sending markets to another whirlwind of anxiety,” Achson wrote.

Moreover, the $ 5 billion bitcoin options will end this week, adding more uncertainty to the original price.

Bitcoin hovers about $ 8,500 at the time of publication, a decrease of more than 2 % a day as the broader encryption market was the broader correction period.

However, analysts at Bernstein said this recession could provide a major buying opportunity for investors. Financial forces such as Standard Charged also repeated the high price goals, which amount to $ 200,000 by the end of the year, for Bitcoin despite the recent market conditions.

In addition, the expected regulatory developments in Washington are a clearer framework for Stablecoins market operators and Crypto operators. On February 26, the Senate Banking Services Committee held digital assets, headed by the Wyoming Sinaia Lomes Republic, its first hearing, the progress of work in the market structure of the two parties and the stablecoin framework.

Lummis stated that Stablecoins will get the lead center and that the organizational clarity of the distinctive code market in Fiat-PEGCED of $ 220 billion can help reduce some uncertainty in the market.