Flash
April 9, 2025 10:35 AM
Panic continues to ripple through the crypto market, with sentiment indicators pointing to deeper unease among investors. According to Alternative.me data, the Crypto Fear and Greed Index dropped to 18 today, down from 24 yesterday, signaling a state of “extreme fear.”
The index, which measures market sentiment on a scale from 0 to 100, combines key metrics such as volatility, trading volume, social media sentiment, search trends, and Bitcoin dominance. Levels below 25 are generally considered extreme panic zones and often precede major market turning points—or further capitulation.
This drop comes amid sharp declines in Bitcoin, Ethereum, and other leading assets over the past week. Liquidations have spiked, and trading volumes are trending lower, adding fuel to bearish momentum.
With broader macro uncertainty and tariff-driven risk-off sentiment in global markets, crypto investors remain on edge. Analysts suggest this environment could persist unless Bitcoin reclaims critical support levels or macro signals stabilize.
Disclaimer: Backdoor provides informational content only, it is not offered or intended to be used as legal, tax, investment, financial, or other advice. Investments in digital assets involve risk, and past performance does not guarantee future results. We recommend conducting your own research before making any investment decisions.