Crypto Fear and Greed Index Hits Historic Low
Over the past 24 hours, the cryptocurrency market lost about 4% in capitalization: Bitcoin is trading around $65,000, Ethereum fell below $1,900, and many altcoins plunged between 6% and 10%. The Crypto Fear and Greed Index dropped to 5 out of 100, indicating an unprecedented level of fear and pessimism among market participants.
This figure is the lowest ever recorded by the index, which uses multifactorial analysis to gauge crypto community sentiment. The prolonged decline signals strong investor dissatisfaction and potential for further sharp market fluctuations.
The next stages will depend on whether the crypto market can overcome this psychological fear barrier and stabilize or if investors face even greater turmoil ahead.
