Bitcoin Latest Updates: Crypto Market Sees Intense Battle Between Bulls and Bears as Fear Index Drops to Lowest Point in Six Months

The cryptocurrency sector is currently experiencing heightened anxiety, with the CoinMarketCap Crypto Fear & Greed Index dropping to 21 on November 4, 2025. This marks its lowest point since April 2025 and represents a six-month low, as noted by

. This "Extreme Fear" level, which factors in volatility (25%), trading activity (25%), social sentiment (15%), and additional indicators, according to , came after a $2 billion wave of liquidations within 24 hours, largely due to leveraged positions and a sharp price drop, as detailed by . By November 6, the index had recovered slightly to 27, as shared in a , but the overall market remains cautious, with Bitcoin trading below $100,000 and (ETH) staying under $3,400, based on data from .

Changpeng Zhao (CZ), co-founder of Binance, challenged the prevailing pessimism, pointing to previous recoveries from similar fear levels, as reported by CoinEdition. Wintermute, a leading trading company, commented, "The broader market environment remains robust, as shown by equity market strength," but noted that crypto is still lagging in liquidity amid global interest rate cuts, a trend CoinEdition also discussed. On-chain analytics from CryptoQuant showed significant panic selling, with 45,700 BTC—valued at over $5 billion—moved to exchanges by short-term holders at a loss, according to the same report.

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Institutional withdrawals intensified the market decline. On November 3, U.S. Bitcoin ETFs saw $137 million in outflows, with BlackRock's IBIT accounting for the largest share, according to

. Ethereum ETFs also experienced $119 million in redemptions, though some products like Grayscale's recorded modest inflows, as reported by FXStreet. At the same time, a major Hyperliquid investor opened $140 million in leveraged shorts against Bitcoin and , earning $3.1 million in just nine hours as prices slipped by less than 2% and 4%, respectively, according to a . These moves highlight increasing bearish sentiment, even as some, like Rishabh Singhal of CryptoWaley, point to a 50% Bitcoin rally after previous fear index lows, as CoinEdition previously mentioned.

Regulatory actions have added to the downward pressure. Australia has sanctioned North Korean hackers tied to $1.645 billion in crypto thefts, as reported by

, while the UK has introduced stablecoin regulations in line with U.S. schedules, according to . Galaxy Digital has revised its year-end Bitcoin target down to $120,000 from $185,000, citing a "maturity era" of reduced volatility (Yahoo Finance). Still, there are signs of optimism: Metaplanet secured a $100 million BTC-backed loan to increase its holdings, as reported, and prediction markets on Myriad now see a 56% greater chance of Bitcoin reaching $115,000 than $85,000, according to the earlier Yahoo report.

Technical signals suggest possible support ahead. Bitcoin's RSI is approaching oversold levels, and closing above the 200-day SMA at $109,000 could shift

, as noted by FXStreet. However, the 50-day EMA's bearish cross below the 100-day EMA and continued weak on-chain liquidity remain concerns, according to .

Opinions among market players are mixed. While CZ's recent

(ASTER) acquisition and DeepSnitch AI's positive AI-based analysis point to accumulation, institutions like Galaxy caution that a lengthy consolidation phase may follow. The Federal Reserve's upcoming quantitative easing and renewed ETF inflows could spark a new bullish phase, but for now, fear remains the dominant force.