Crypto Most ‘fearful’ Since March As Bitcoin Eyes One-year Lows...

Bitcoin and crypto market sentiment hit seven-month lows, with the BTC price still above $100,000, while gold and silver received a post-shutdown boost.

Bitcoin (BTC) and crypto traders are their most afraid in over six months as BTC price action clings to $100,000.

Bitcoin and altcoins plunge to their deepest “extreme fear” levels since March this year.

Crypto could be nearing a market inflection point, based on sentiment data.

Gold steals the show from crypto and stocks as the US government shutdown ends.

Data from the Crypto Fear & Greed Index on Wednesday confirms that traders are now deep in the “extreme fear” zone.

Bitcoin may still be trading at six figures with a $2 trillion market cap, but in trading circles, the mood could hardly be more bearish.

The Crypto Fear & Greed Index, which measures market sentiment using a basket of components, now stands at 15/100 — its lowest level since early March.

That number eclipses even the height of panic over US trade tariffs, which centered around April’s “Liberation Day” and saw BTC/USD put in a local low under $75,000.

“Below 20? I’ve never seen this indicator that low,” trader and analyst BitQuant wrote in a reaction on X.

Source: CoinTelegraph