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cryptoJun 9, 2026, 3:02 AM

Crypto Fear & Greed Index Drops to 8; Strategy Buys 1,550 BTC for $101.3M

The Crypto Fear & Greed Index fell to 8, signaling extreme fear, while Strategy (formerly MicroStrategy) added 1,550 Bitcoin to its holdings. In other news, a New York judge stayed a lawsuit over dormant Bitcoin wallets, and Senator Lummis pushed the Clarity Act forward.

BTCHYPE

Key crypto developments from the past 24 hours:

  • The Crypto Fear & Greed Index plunged to 8, deep in Extreme Fear territory.
  • Strategy (formerly MicroStrategy) purchased 1,550 BTC for $101.3 million, bringing its total holdings to 845,256 BTC.
  • A New York Supreme Court judge stayed a lawsuit seeking ownership of nearly 40,000 dormant Bitcoin wallets; a hearing is set for July 14.
  • Senator Lummis reported that the Clarity Act passed committee and is heading to the floor.
  • The US House Ways and Means Committee circulated seven draft bills on digital asset taxation ahead of a Tuesday hearing.
  • US administration officials will meet law enforcement this Wednesday to discuss concerns that certain Clarity Act provisions could hinder illicit finance combat efforts.

Source: Cointelegraph