Zeitgeist USD Price & Performance (ZTGUSD)

Bitcoin's price has dropped below $87,000, marking a significant decline from its recent highs. Analysts attribute this fall to growing economic uncertainties, including inflation fears and trade policies. Additionally, the fading memecoin craze has further impacted the crypto market, with some tokens losing over 20% in value recently.123

The U.S. consumer confidence index saw its largest monthly drop in years, falling to 98.3 in February. Rising inflation expectations and recession fears have compounded concerns, impacting markets. This decline comes as tech-heavy indices like the Nasdaq face losses, reflecting broader economic unease.452

The cryptocurrency market is experiencing significant volatility, with Bitcoin’s price dropping to $76,600 before rebounding. Factors such as bearish technical patterns and increased liquidations have created uncertainty. Market sentiment is in "extreme fear," signaling potential risks and opportunities for traders.167