Cripto Fear and greed index hit the lowest since September

The cryptic fear and index of greed fell to 25, the lowest level since September 2024. years, signaling extreme fear in the market as Bitcoin falls below $ 93,000.

The index of fear and greed, which provided the software development company, measures market feelings on a scale of 0 (extreme fear) to 100 (extreme greed).

February 25, Index has discarded 24 points from 49 to 25 in one day, shifting from “neutral” to “extreme fear”, the lowest level of 2024. Year, when it stood in 22 years.

This sharp drop follows the wider sales of markets. In the last 24 hours, Etherum (El) and Solana (Salt) They fell 10% and 14% while Bitcoin (Btc) fell below $ 93,000. Getting up with the fall of Bitcoin, withdrawal from Bitcoin ETF now exceeded $ 1 billion in the last two weeks.

According to coigiglass dataThe decline in the crypt market has led up to 957.8 million dollars of liquidation, of which 886.47 million dollars came from long positions.

Meanwhile, the open interest decreased by 5% to $ 108 billion, indicating a decline in risk tolerance. Prast of liquidations indicates a previously overly optimistic posture, which has passed the sale sale by deleting the position in the attachment.

This return may be largely launched with additional effort to crypto market due to macroeconomic insecurity.

Markets disturbed US President Donald Trumpov 24. February, disclosure that his administration will move forward with 25% tariffs in Canada and Mexico. In addition, concerns about reducing the rates of fed rates due to greater than expected inflation data kept high borrowing rates.

Hack $ 1.4 billion, which is one of the biggest exchange exploits ever, also negatively affected the market. While Bibit was successful In covering the loss of hak, the market continues to be chieved from the safety concern that surrounds the incident.

However, analysts note that the response to the market was even more than it during FTX collapse in 2022. years, even while feeling weak. This indicates the maturation of the scream market.