Bitcoin Fear Hits The Floor As Big Holders Stack 62,000 Coins
Investor sentiment in the crypto market sits at its lowest point in months — and the biggest BitcoinRelated Reading
Extreme Fear Grips The Market
The Crypto Fear & Greed Index recorded a score of 10 on Thursday and 13 on Friday. Both readings fall firmly in “extreme fear” territory. The entire month of February and the week prior both averaged the same. A score of zero represents maximum fear; 100 represents peak greed.
That kind of prolonged fear reading is unusual. It reflects a market where uncertainty has settled in — not as a spike, but as a sustained mood. Middle East tensions have been a key driver. US and Israeli strikes against Iran in February triggered a wave of retaliations across the region, and the conflict has continued to weigh on global markets since.
Featured image from EG Healthcare, chart from TradingView
