Bitcoin Pulls Back to $70,500 as Fear and Greed Index Drops to 29

Bitcoin is trading near $70,500 after a 2.7% daily decline, while the Fear and Greed Index has fallen to 29, signaling a shift into the fear zone. Ethereum, BNB, XRP, and Solana are also posting single-day losses, even though several still show weekly gains. Traders are closely watching whether Bitcoin can defend the $70,000 psychological level and how broader risk sentiment will evolve.