The cryptocurrency Fear and Greed Index dropped to 10, its lowest level in nine months. Bitcoin fell from above $126,000 in early October to $94,000 by mid-November, marking its lowest price in six months. The metric entered extreme fear territory as the asset underwent a significant correction phase.

Bitcoin has fallen into the $94K–$96K demand region following a failed attempt to reclaim a broken trendline. The asset now trades below its 100-day and 200-day moving averages, testing a support zone that previously saw strong accumulation. A break below this level could expose the $80K–$82K area, while recovery requires reclaiming the $101K–$103K range.

Bitcoin derivatives markets recorded over $310 million in liquidations within 24 hours, with long positions accounting for $268.07 million, according to CoinGlass data. The cryptocurrency briefly touched $94,000 after extended selling pressure, creating a 512.73% imbalance between long and short liquidations. Short positions accounted for $43.75 million of the total wipeout.

The Crypto Fear & Greed Index fell to 10 on Saturday, its lowest reading since February 27. Bitcoin traded at $95,778, declining 1.5% in 24 hours and over 6.3% across the previous week. The drop occurred amid ongoing macroeconomic uncertainty and heightened investor anxiety.

Bitcoin fell below $96,000 after 12 consecutive days of decline. Data show approximately 99% of investors who purchased BTC during the past 155 days now hold coins below their cost basis. The prolonged sell-off has left recent accumulation cohorts facing significant drawdowns despite continued institutional interest.

Blockchain analytics firm Santiment cautions that widespread declarations of a Bitcoin bottom following its drop below $95,000 may signal a temporary relief rally rather than a genuine market reversal. The firm notes that authentic market lows typically form during peak pessimism, not when traders publicly announce the worst has passed. Social sentiment has rapidly shifted from fear to optimism across platforms including X, Telegram, Reddit, and Discord.

Strategy transferred 43,415 BTC worth approximately $4.26 billion across more than 100 addresses on November 14. Blockchain analytics firm Arkham determined the movements were part of a two-week custodial migration between Coinbase Custody and a new provider, not market liquidation.

Harvard University increased its stake in BlackRock's IBIT Bitcoin ETF from 1.9 million shares to 6.81 million shares by the end of September, bringing the position's value to approximately $442.8 million, according to regulatory filings. The institution also nearly doubled its gold ETF holdings to about $235 million during the same period. The expansion came as Bitcoin ETFs faced substantial outflows, with nearly $870 million exiting in a single session on Thursday, followed by another $492 million the next day.