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Crypto sentiment hits rock bottom as Bitcoin falls to $60,000, Ether slips below $2,000
Bitcoin and Ether slid sharply, pushing crypto sentiment to extreme lows, while ICICI Prudential Mutual Fund reopened select international schemes with capped investments.
Crypto market sentiment hit rock bottom as Bitcoin briefly touched the $60,000 level while Ether slipped below $2,000, raising concerns over a prolonged downturn. Analysts cited weak risk appetite, leverage unwinding, and fading supercycle optimism. Volatility remained elevated across altcoins. Separately, ICICI Prudential Mutual Fund resumed subscriptions in three international schemes, capping investments at ₹2 lakh per PAN to manage inflows amid global uncertainty.