Crypto Fear Hits New High as Index Plummets to Extreme Fear

The Crypto Fear and Greed Index has plunged to an alarming 10, signifying extreme fear levels across the market according to CoinMarketCap. This dramatic drop reflects significant investor anxiety stemming from recent market volatility and a broader pullback in crypto prices. Investors are exhibiting hesitancy as they await signals of stability or bullish momentum before re-entering the market. A key factor contributing to this intense fear is heightened regulatory pressure, geopolitical tensions, and lingering concerns about global economic health.