Bitcoin's Fear & Greed Index has fallen to its lowest extreme fear reading since March amid continued downside price pressure, prompting debate over whether a durable bottom is forming.
Bitcoin slid under $98,000 after a 3.5% 24-hour decline, while the Crypto Fear & Greed Index plunged to 15 — its lowest reading in roughly seven months, signaling extreme fear among traders.
Bitcoin trades around $103,000 after Washington ended a 43-day government shutdown, yet investor sentiment remains subdued with the Fear & Greed Index at 14. Policy clarity so far has failed to translate into sustained bullish momentum.