Bitcoin Price Drops to $113,000 as Fear & Greed Index Declines

The Bitcoin Fear & Greed Index has shifted to a fearful market sentiment as Bitcoin's price dropped below $113,000 after reaching an all-time high of over $124,000. Key points include:

Bitcoin's recent price decline has worsened investor sentiment.
Current BTC price is approximately $113,800, still lower than previous days.
The Fear & Greed Index is now at 44, indicating fear among investors.
This marks a change from the greed zone that persisted since June.
Historically, shifts to fear can precede price recoveries.

The market reaction to this sentiment change remains uncertain.