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Bitcoin price dips below $38K as crypto sentiment nears ‘extreme fear’ -Breaking

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(BTCOn February 20th, ), saw its first plunge below $38,000 after more than 2 weeks. This was due to macro triggers that rattled the low-volume weekend market.

1-hour candlechart (Bitstamp). TradingView

Source: Cointelegraph Markets ProAnd TradingViewBTC/USD lost ground on Sunday due to threats of new sanctions against Russia for its alleged plan to invade neighboring Ukraine.

Crypto Fear & Greed Index (screenshot). Source: Alternative.me