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The failure of diplomatic negotiations between the United States and Iran, confirmed by U.S. Vice President JD Vance, triggered a wave of sell-offs in the crypto market.
As a result of this geopolitical negative sentiment, Bitcoin's price plummeted below the $71,500 level.
The decline in investor risk appetite forced the Fear & Greed Index to drop to 16, indicating an extreme fear status (Extreme Fear) amid a mass market exodus from risky assets.
Does Cuanholic believe the price will recover soon, or is this the beginning of a long correction? What is your strategy in facing this Extreme Fear?
#GateLaunchesPreIPOS
#GateSquareAprilPostingChallenge
#bitcoin #btc