Bitcoin Falls Below $63,000 as Fear Index Hits 8 and Liquidations Reach $381.89M

Bitcoin fell below $63,000 on Tuesday, trading near $63,073 and approaching the $60,000 support level as weekly losses neared 8%, The Crypto Basic reports. The Crypto Fear & Greed Index dropped to 8, signaling extreme fear, while analysts cited tariff uncertainty, geopolitical tensions and technical signals as drivers and warned a sustained break below $60,000 could push prices into the mid-to-low $50,000 range. CoinGlass data show 24-hour leveraged liquidations totaled $381.89 million, including $288.99 million in longs and $92.90 million in shorts, as the broader crypto market fell roughly 3% to near $2.6 trillion in total capitalization, pulling down Ethereum, Solana and XRP.