US EditionCrypto Sentiment Gauge Hits FTX-Era Lows as 'Extreme Fear' Reaches a 9 Reading
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8 Articles
The cryptocurrency market is going through one of its most delicate moments of the year. In the last 24 hours, Bitcoin has led to a violent correction that triggered the liquidation of approximately $2.7 billion in leveraged positions, causing an abrupt collapse in the feeling of the market. As a direct reflection of this panic, Crypto Fear and Greed Index plummeted to 9 points, its lowest level since June 2022, entering full into the “extreme f…
Crypto Briefing
Crypto Fear and Greed Index sinks to 9 after $2.7B in leveraged erased
The plunge in investor sentiment highlights the volatility and uncertainty in crypto markets, potentially impacting future adoption and regulation. The post Crypto Fear and Greed Index sinks to 9 after $2.7B in leveraged erased appeared first on Crypto Briefing.
Crypto Market Sentiment Hits Extreme Fear as Bitcoin Slide Triggers Deleveraging
Crypto market sentiment has plunged to its most pessimistic level since the FTX collapse, following a sharp bitcoin price drop that rippled across the digital asset market and triggered widespread deleveraging. The widely watched Crypto Fear and Greed Index fell to 9 on Friday, a level classified as extreme fear and historically associated with severe breakdowns in investor confidence. The decline highlights how rapidly sentiment has deteriorate…
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