Crypto Fear & Greed Index Plunges To Lowest Since June 2022 As BlackRock Bitcoin ETF Suffers Record Outflows
The Crypto Fear & Greed Index plunged to levels last recorded in June 2022 and the BlackRock spot Bitcoin ETF extended its losing streak to seven days as bearish sentiment gripped the crypto market. The Crypto Fear & Greed Index dived to 10, representing ”Extreme Fear,” a level last seen during the collapses of crypto hedge fund Three Arrows Capital (3AC), Terraform Labs and crypto lender Celsius. Crypto Fear and Greed Index is at the lowest reading since the June 2022 DeFi collapse. We are nearly ready. 🩸 #Bitcoin pic.twitter.com/4XCMwBemih — Jason Pizzino 🌞 (@jasonpizzino) February 27, 2025 Analyst Michael van de Poppe, with more than 778k followers on X, noted that Bitcoin has rallied some 500% since the last time the Crypto Fear & Greed Index plunged to 10. “It’s a rare occasion where sentiment is ultra negative and buying opportunities are tremendously good,” he said. The crypto market has slumped a...