February 23, 2026

Crypto Fear & Greed Index hits record low at 5 amid institutional push into DeFi

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The Crypto Fear & Greed Index has fallen to a record low of 5 as of February 12, 2026, signaling extreme market fear among investors. This drastic decline can be traced back to the events of October 10, 2025, known as “10/10,” during which over $19 billion in leveraged positions were liquidated, revealing significant vulnerabilities in the crypto market’s infrastructure. Despite this negative sentiment, institutional players such as BlackRock and Citadel are intensifying their engagement with decentralized finance and tokenization projects, indicating a stark divergence between retail sentiment and institutional confidence in the market’s future.

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