Bitcoin slides to $60K on Coinbase as Fear & Greed Index sinks to lowest level since June 2022

Bitcoin dropped to a low near $60,000 on Coinbase, with its price down 38% from the 2026 peak of $97,000 and roughly 50% below the all-time high of $126,000. The Crypto Fear & Greed Index fell to 9 out of 100 on Friday, its weakest reading since June 2022, while more than 588,000 traders saw $2.7 billion in positions liquidated in 24 hours, mostly leveraged Bitcoin longs.