Crypto in panic: the fear index has fallen to extreme levels

liquiditea_sipper · 2025-12-01T10:40:49+00:00

On November 21, the cryptocurrency market faced extreme fear with the Fear & Greed index at its lowest in three years. Bitcoin and Ethereum prices dropped significantly, accompanied by mass liquidations. Key developments include institutional staking options and new borrowing tools from Coinbase.

liquiditea_sipper

2025-12-01 10:40:49

Abstract generation in progress

November 21, 21:00 UTC — the cryptocurrency market has plunged into extreme fear. The Fear & Greed Index has dropped to 11 — the lowest level in three years. This is not just a number, it's a signal of massive liquidations of major players.

Situation with Prices

Bitcoin retreated by 2.4% to $84,479, Ethereum fell by 3.8% to $2,736. Among altcoins, the situation is even worse:

XRP (-3,3%) is trading at $1.94
Solana ( -4.8% ) fell to $127.23

The day started with a maximum of $85,341 (BTC, but ended closer to $82,623.

What does “technique” show?

Liquidations tell an interesting story:

Bitcoin: $30.48M liquidated ) mainly shorts (
Ethereum: $32.43M liquidated )also shorts(

This means that the market has sharply reversed — longs were liquidated earlier, now it's the shorters' turn. RSI Bitcoin has fallen to 31.32 — a classic signal of being oversold. Funding rates are positive )+0.003% for BTC, +0.01% for ETH(, but this could be a trap — traders are betting on a rebound.

Open interest has decreased: BTC futures -0.98% to $58.67B, ETH -2.5% to $32.39B. Speculators are closing positions.

News of the Day

Anchorage Digital has expanded the option for institutional investors — they can now stake HYPE tokens through the first chartered crypto bank in the USA.

BitMine showed results: $328.2M net profit for the year and promised to launch its own network for Ethereum staking in 2026.

Coinbase has launched a new tool – now users in the US can borrow up to ) million USDC against Ethereum collateral, while remaining the owners of the coin.

P.S. On the political stage: crypto lawyer Khurram Dara announced his candidacy for the position of Attorney General of New York — the first truly crypto-friendly candidate for this position.

XRP-0,45%

SOL-0,78%

BTC-1,03%

ETH-1,07%

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