Fear and Greed Index in Fear 30% of the Past Year, Bitcoin Back in Extreme Fear

As bitcoin (BTC) struggles to hold above $90,000, market sentiment has once again slipped into extreme fear. Over the past year, fear or extreme fear has accounted for more than 30% of all readings on the Crypto Fear and Greed Index. The index currently stands at 17, firmly within the extreme fear section. Fear has dominated sentiment since the October liquidation crash more than two months ago, as bitcoin dropped 36% from its October all-time high. While the cryptocurrency market has yet to stage a mea ...