Биткоин теряет позиции: падение ниже $99 000 подстегнуло страх на крипторынке Bitcoin Loses Ground: Drop Below $99,000 Fuels Fear in the Crypto Market

The Fear and Greed Index has plummeted to 15 points.

On the evening of November 13, the leading cryptocurrency fell below $99,000, despite sustained resistance throughout the week.

At the time of writing, the asset is trading around $98,400, marking a 3% decline over the past 24 hours.

Since November 11, Bitcoin has shown signs of weakness. Its price dropped from $107,000 to $102,000 at that time. On November 12, after recovering to $105,000, it experienced another correction down to $101,000, failing to breach the psychological barrier.

Even the conclusion of the U.S. government shutdown did not help Bitcoin maintain its values.

Shortly before today’s decline, Glassnode analysts noted that long-term holders (LTH) accelerated profit-taking as «bulls actively defended the $100,000 mark.»

This viewpoint was corroborated by CryptoQuant, which reported that LTH had sold approximately 815,000 BTC over the past 30 days, a record level since January 2024.

Arkham researchers also reported that this morning, early Bitcoin whale Owen Ganden sold coins valued at $290 million, leaving assets worth $250 million in his wallets.

According to CoinGlass, the liquidation volume over the past day reached $500 million, with the majority ($411 million) related to long positions.

Following Bitcoin, other top 10 crypto assets also faced declines. The exception was XRP, which mitigated its fall thanks to positive news regarding the launch of an exchange-traded fund.

The cryptocurrency Fear and Greed Index has dropped to 15 points, indicating «extreme fear.»

Recall that QCP Capital analysts identified factors supporting Bitcoin through the end of the year.