Bitcoin Fear & Greed Index Reaches Extreme Levels, Signaling Market Anxiety

The Bitcoin Fear and Greed Index recently plummeted to a historically low 15 before edging up to 16 on November 14th. This drastic drop signifies extreme market sentiment and reflects the current volatility in the crypto space. The decline followed a significant pullback of over 5%, pushing Bitcoin’s price down to $95,383 before stabilizing above $96,000. This sell-off was triggered by the Federal Reserve’s decision to rule out December rate cuts, leading to broader market uncertainty and reduced liquidity for speculative assets like Bitcoin.