Bitcoin Fear and Greed Index falls to 13 as price hovers
Crypto sentiment remained in extreme fear territory at 10 on June 9, up slightly from 8 a day earlier, indicating a modest easing in market stress without leaving the lowest-risk appetite band.
The Crypto Fear and Greed Index stood at 10 on June 9, compared with 8 a day earlier, showing that crypto market sentiment remained in extreme fear territory even as conditions improved slightly from the prior session. The widely followed 0-to-100 gauge is designed to track investor psychology across digital assets, with lower readings signaling stronger risk aversion. Alternative says the index draws on volatility, market trading volume, social media activity, market surveys, Bitcoin's share of the overall market and Google search trend analysis. The latest reading suggests panic in the market eased modestly, but sentiment remained firmly in the extreme fear band.
- Fear and Greed Index: A market sentiment gauge that measures whether investors are leaning toward fear or optimism.
- extreme fear: A low-sentiment market condition indicating strong risk aversion and elevated investor anxiety.