The Crypto Fear and Greed Index dropped to 56 as of October 12, 2026, down from a peak of 82 in August. This shift reflects a move from market greed to a neutral sentiment.
Bitcoin traded between $82,400 and $83,600 on October 12, following a low of approximately $80,337 on October 8. The asset has remained within a range of $80,000 to $87,000.
US spot Bitcoin ETFs recorded a net withdrawal of $484.9 million on October 7-8, marking the largest single-day outflow since June. Analysts highlight these flows as a key indicator.
Macroeconomic factors influenced the price, with 10-year US Treasury yields rising to approximately 5.3% and Brent crude oil prices exceeding $100 per barrel.
Despite the pullback, Bitcoin remains above its 50-week moving average of approximately $77,200. The current market behavior coincides with the anniversary of an October 2025 liquidation event.
