Bitcoin Crashes as Market Panic Spreads

🔴On November 4, Bitcoin plunged below $105,000, briefly touching $104,150 and triggering over $1.32 billion in liquidations. The sharp sell-off spilled into the altcoin market — the top 10 coins dropped up to 10% in a single day. The Crypto Fear & Greed Index collapsed to 21, signaling a sudden shift to extreme fear among traders.

🔴Analysts note that panic selling and the closing of more than 300,000 leveraged positions fueled extreme volatility. Pressure from large holders and weakening derivatives demand created a chain reaction — a reminder that even a maturing crypto market remains highly sensitive to emotional shocks.