Bitcoin Slides to $73,708 Weekend Low as Crypto Fear Gauge Hits 29

The Crypto Fear and Greed Index sat at 29 out of 100 on Monday, a reading the outlet labels as Fear. That's a hair above the 28 logged the day before, but well down from 37 a week earlier and 64 a month ago, when sentiment lived in Greed. The gauge blends volatility, trading momentum, social media chatter, Bitcoin dominance and search trends. Fearful prints can show up before recoveries — they don't prove the market has bottomed.

Bitcoin held around $75,700 through Saturday before sellers took over on Sunday. The coin briefly slid to roughly $73,708 in late Sunday trading, its weakest level since August, then clawed back toward $75,000 early Monday without erasing the weekend damage. The $73,700–$74,000 band is the line to watch now: a sustained push above $76,000 would steady short-term sentiment, while selling below the weekend low opens the door to deeper losses.

Ethereum fared worse. It traded near $2,240 on Saturday, then dropped about 5% to $2,223 during Sunday's selloff, a sign investors were especially reluctant to hold riskier crypto assets. Support sits at $2,100–$2,120, and a bounce back above $2,240 would be an early hint that selling pressure is letting up.

The slump landed right after the US midterm elections, with regulatory uncertainty and the multibillion-dollar security breach at Binance adding to the gloom, according to coinpaper.com. Traders now have two things to watch: whether Bitcoin can hold above its weekend lows, and whether Ethereum can recover the ground it lost.