Crypto Market Plunges into ‘Extreme Fear’ as Sentiment Hits New Low

The Crypto Fear & Greed Index has plummeted to 11, signaling a dramatic shift towards extreme fear in the market. This level of fear, seldom seen in recent months, suggests uncertainty about the cryptocurrency market’s future direction. Following price fluctuations and regulatory news, investors are holding back on investment decisions. Experts suggest this dip often aligns with periods of market downturn or volatility. While historically, such periods have preceded market rebounds, acting on fear alone can be risky. The long-term outlook for the crypto market remains unclear. 11 is among the lowest readings in recent months reflecting growing unease. This sentiment shift has prompted a flurry of questions about the next stage of market behavior and how to capitalize on it.