The crypto market’s emotional pulse remains heavily tilted toward fear, with the Fear & Greed Index inching up to 24, marking a modest 3-point gain from yesterday’s reading. Despite this incremental improvement, the digital asset space continues to languish in extreme fear territory, signaling cautious investor sentiment across the board.
Latest data compiled by Coinglass reveals that while today’s index shows minor upward momentum, the broader picture paints a sobering landscape. The 7-day average sits at just 17, underscoring sustained pessimism over the past week. Over a longer 30-day window, the Fear & Greed Index for crypto has averaged 21, indicating that current extreme fear conditions represent an ongoing market dynamic rather than a temporary dip.
This persistent “extreme fear” reading typically reflects heightened market anxiety, reduced trading appetite, and investor hesitation to accumulate positions—a scenario that historically has preceded significant market reversals.
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Market Sentiment Dips Slightly: Crypto Fear & Greed Index Climbs to 24 Amid Persistent Extremes
The crypto market’s emotional pulse remains heavily tilted toward fear, with the Fear & Greed Index inching up to 24, marking a modest 3-point gain from yesterday’s reading. Despite this incremental improvement, the digital asset space continues to languish in extreme fear territory, signaling cautious investor sentiment across the board.
Latest data compiled by Coinglass reveals that while today’s index shows minor upward momentum, the broader picture paints a sobering landscape. The 7-day average sits at just 17, underscoring sustained pessimism over the past week. Over a longer 30-day window, the Fear & Greed Index for crypto has averaged 21, indicating that current extreme fear conditions represent an ongoing market dynamic rather than a temporary dip.
This persistent “extreme fear” reading typically reflects heightened market anxiety, reduced trading appetite, and investor hesitation to accumulate positions—a scenario that historically has preceded significant market reversals.