Bitcoin And Crypto Sentiment Is Now Sitting At Worst Levels Since February, Index Reads 15
Sentiment throughout the cryptocurrency market has sunk to its weakest level since February after a pointy sell-off pushed Bitcoin beneath the $100,000 psychological help stage.
The downturn has fed immediately into investor feelings, dragging the Fear & Greed Index to 15, a studying deep inside the Extreme Fear zone. The whole crypto market is now down by about 6% previously 24 hours, creating one of the vital emotionally compressed buying and selling environments seen this yr.
Crypto Fear & Greed Index Plunges To 15
The whole crypto market has been confronted with a collection of liquidations and promoting strain previously 24 hours which have seen many cryptocurrencies lose main help ranges. The most essential of the bunch is Bitcoin, which is now buying and selling beneath $100,000 for the primary time since early May, in accordance with information from CoinGecko.
Bitcoin’s break below $100,000 was accompanied by a cascade of pressured liquidations that worn out a big share of leveraged lengthy positions throughout the trade. CoinGlass data shows that $1.10 billion price of crypto positions have been liquidated previously 24 hours alone, with $968.51 million of that complete coming from longs.
This speedy unwinding of bullish leverage intensified the bearish sentiment out there, particularly amongst merchants who had anticipated Bitcoin to defend the $100,000 help extra convincingly.
The chain response was not isolated to Bitcoin. Ethereum and other major cryptocurrencies adopted the drop, and information from CoinGecko reveals that the whole crypto market capitalization has fallen by 6% in 24 hours, the biggest single-day drop in fairly a while.
These synchronized weaknesses have labored collectively to drag the Fear & Greed Index towards excessive readings. According to the Fear & Greed Index published by Alternative.me, the rating dropped to as little as 15 previously 24 hours, which is properly beneath the “Extreme Fear” class. This can also be fascinating, as a result of it marks the bottom stage of crypto market sentiment recorded since March 4, 2025.
What Comes Next For Bitcoin And The Crypto Market?
The coming days will depend upon whether or not Bitcoin can reclaim lost ground and reestablish itself above the six-figure threshold at $100,000.
If the Bitcoin worth continues to commerce beneath $100,000, the market might stay in a defensive posture. However, if stability begins to kind and there’s sufficient shopping for strain to push above $100,000 once more, the sentiment might step by step get well to ease the Extreme Fear studying.
Earlier within the yr, when the index final touched related ranges, Bitcoin ultimately stabilized and entered a gradual restoration part. This doesn’t assure a direct turnaround on this case, however it signifies that many short-term merchants and weak palms have already been removed from the market.
At the time of writing, Bitcoin is buying and selling at $97,080, down by 6.5% previously 24 hours. The whole crypto market cap is at $3.368 trillion, down by 6.2% in the identical timeframe.
