The Crypto Fear and Greed Index has remained in the fear zone for over 70 consecutive days.
BlockBeats News, March 30, according to data from alternative.me, the Crypto Fear and Greed Index has remained in the fear zone for over 70 days, with today’s reading at 8, indicating an extreme fear level.
Bitcoin has sharply retreated from the historical high of $126,000 set in 2025 and is currently fluctuating between $65,000 and $70,000, with a significant decline. Ethereum has also dropped more than 60% from its historical high of $4,950, at one point falling below the $2,000 mark. Altcoins have suffered even more severe sell-offs. Data shows as much as 38% of altcoins are trading near their historical lows, a proportion even higher than during the FTX collapse. Massive amounts of funds have exited high-risk altcoins and flocked to Bitcoin for safety, briefly pushing Bitcoin’s market dominance up to 56.5%.
Disclaimer: The content of this article solely reflects the author's opinion and does not represent the platform in any capacity. This article is not intended to serve as a reference for making investment decisions.
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