The Crypto Fear & Greed Index recently witnessed a notable drop of 19 points, reaching a score of 50, the lowest since October 14. During that time, Bitcoin was valued at approximately 63,000 USD, showcasing a shift in market sentiment toward more neutral levels after a period of HIGH greed.

Bitcoin’s price fell below 92,000 USD amid reports of planned sales of seized Bitcoin by the US Department of Justice. Analysts attribute the decline to potential tightening of US Federal Reserve monetary policies by 2025, which could impact Bitcoin and the broader cryptocurrency market significantly.

Additional factors such as rising Treasury yields and a strong US dollar have influenced Bitcoin’s price stability, keeping it from maintaining a value above 100,000 USD. Moreover, there has been a significant outflow of approximately 570 million USD from US-based spot Bitcoin exchange-traded funds, indicating possible further retracement.