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Bitcoin and major cryptos dip as 'Extreme Fear' grips market; key $64K support level critical for next move

Market News
16 Jun 2026
Benzinga
View Source
Bearish
Bitcoin and major cryptos dip as 'Extreme Fear' grips market; key $64K support level critical for next move

Leading cryptocurrencies including Bitcoin, Ethereum, XRP, and Dogecoin fell as investors took profits, with Bitcoin dropping back into the $65,000 range after nearing $67,000. Over $340 million was liquidated in 24 hours, reflecting high market volatility and 'Extreme Fear' sentiment. Analyst Michaël van de Poppe highlighted $64,000 as a crucial support level for Bitcoin; holding above it could lead to gains toward $74,000-$79,000, while failing it may trigger new lows. The overall crypto market cap slipped slightly to $2.25 trillion amid mixed stock market performance.

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Risk assets rise as China’s stronger GDP and easing oil prices boost investor confidence

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Risk assets including cryptocurrencies, Asian stocks, and US futures rose on Monday following stronger-than-expected Chinese GDP growth and a drop in oil prices. China’s economy grew 4.5% year-on-year in Q3, surpassing forecasts and signaling resilie...

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Bitcoin volatility hits 2.5-year low, signaling a potential major price move soon.

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Bitcoin's price volatility has tightened to its narrowest range in 2.5 years, as indicated by its Bollinger Band Width. This low volatility suggests a potential breakout, though the direction remains uncertain. Meanwhile, altcoins have fallen sharply...

Technical Signals
Neutral
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Bitcoin leads crypto inflows with $31.44M; Zcash shows strong activity in both inflows and outflows.

Bitcoin leads crypto inflows with $31.44M; Zcash shows strong activity in both inflows and outflows.

Bitcoin attracted the largest cryptocurrency inflows at $31.44 million, followed by Ethereum and Zcash, which also saw significant outflows. Stablecoins like Tether and USD Coin received substantial funds, indicating a shift between volatile assets a...

Market News
Neutral
5 hours ago
Bitcoin rebounds above $82,000 with 75% surge in trading volume and rising investor greed.

Bitcoin rebounds above $82,000 with 75% surge in trading volume and rising investor greed.

Bitcoin price rose to $82,182.40, recovering above $82,000 amid a 75.44% increase in trading volume, signaling strong market participation. Investor sentiment shifted back to greed, though it remains weaker than a week ago, while network activity and...

Market News
Bullish
5 hours ago
Crypto sees net outflows in USDC, ETH, BTC; PEPE leads inflows amid mixed stablecoin flows

Crypto sees net outflows in USDC, ETH, BTC; PEPE leads inflows amid mixed stablecoin flows

On October 19, major cryptocurrencies USDC, ETH, and BTC experienced net outflows, with USDC seeing a net outflow of $58.44 million, ETH $55.28 million, and BTC $43.52 million. In contrast, PEPE led the net inflows at $5.67 million, alongside stablec...

Market News
Bearish
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