The Crypto Fear & Greed Index has plummeted to 6, marking its lowest level in more than three years since the crises of June 2022, where Terra-LUNA collapsed, Celsius froze withdrawals, and 3AC failed significantly impacting the crypto market. At that time, Bitcoin’s value decreased sharply, plunging to $18,000, a 70% drop from its peak. Presently, Bitcoin stands around $68,000, reflecting a 48% decline from its October high. This sentiment is occurring amid recent global market volatility, reminding investors of the past market turbulences that led to a broader crypto downturn.
Crypto fear & greed index hits 3-year low amid market uncertainty
