Bitcoin Fear & Greed Index Plunges To 9, Lowest Reading Since June 2022 Bear Market

According to data from Alternative, the Bitcoin Fear & Greed Index has dropped to 9, marking its deepest move into the extreme fear band since the 2022 bear phase. The single-digit reading follows a market pullback that began in the final week of January and coincides with Bitcoin trading near $67,100, about 19% lower over the past seven days. Historically, such depressed sentiment has often appeared around bottom formation zones, though during bear markets the index can remain fearful for extended periods.