The crypto market has contracted significantly. Crypto 'Fear-Greed Index' hits 30 for the first time this year, BTC crashes below $60K
Crypto data provider Alternative's self-estimated Fear-Greed Index fell 21 points from the previous day to 30. The deterioration in sentiment has shifted it from neutral to fear. Sentiment has contracted to levels last seen on September 12th of last year. The index indicates extreme fear in the market