According to Bitcoin.com News, on June 3, 2026, the Crypto Fear and Greed Index crashed to 11 as Bitcoin traded at $65,853, down roughly 47% from its 2025 peak above $126,000. The broader crypto market fell 2.88% to $2.27 trillion in total market capitalization.
Blackrock's IBIT led U.S. spot bitcoin ETF redemptions, with outflows topping $2 billion across recent sessions and single days exceeding $600 million. Traders are closely watching the $65,000 support level, with $50,000 discussed as a potential capitulation floor and the 200-week moving average near $60,000 to $61,000 as the next key technical level.