Crypto Market Plunges: Fear and Greed Index Plummets to Multi-Month Low

The Crypto Fear and Greed Index has reached its lowest point since late February, signaling a significant shift in market sentiment as traders brace for potentially volatile conditions. This decline reflects the widespread fear sweeping through the crypto space, driven by factors like declining prices, macroeconomic uncertainty, regulatory developments, and delayed ETF approvals. 📈 Historically, periods of extreme fear have often coincided with price bottoms, but a rebound is not guaranteed until we see signs of market momentum shift.