The Bitcoin Concern and Greed Index dropped to 10, indicating excessive concern. The Excessive Concern Meter signifies rising fear amongst buyers and a pointy drop in optimism.
The Greed and Concern Index information displays the overall sentiment out there. Bitcoin, the Major Crypto asset, dropped under $90,000 for the primary time in 2025.
Different Altcoins adopted go well with, shedding important worth worth over the week. Solana has shed 40.5% of its worth, dropping from a peak of $240 final month to $141.
Ethereum shed 26% of its worth, dropping from $3,400 to $2,364. Memecoins are in ruins, and the controversy for a complete ditch of memecoins within the business is gaining floor.
These are dangerous instances for the crypto market, and the Concern and Greed Index precisely represents the true scenario.
Crimson Season
The crypto market is going through large turmoil as belongings shed worth worth. The final market downturn is brought on by a mix of things starting from safety breaches to normal market dynamics.
This week, the business witnessed its greatest hack ever. Bybit, a number one change, misplaced $1.46 billion to the now-confirmed Lazarus Group.
This occasion shook investor confidence, resulting in a sell-off that noticed Ethereum drop 5% in 24 hours to under $2,700, Bitcoin (BTC) dip 0.8%, and Solana (SOL) fall 9%.
The Hack uncovered Centralized exchanges as fallible, reminding everybody that their funds are usually not actually as secure as they thought.
A second contributing issue to the market downturn is the huge outflows within the exchange-traded funds. Bitcoin ETFs have misplaced over $1 billion in a single week. Ethereum ETFs aren’t any higher and have shed appreciable funds, too.
On a Macroeconomic degree, President Donald Trump’s renewed tariff threats, introduced on February 24, shook the market, sending costs additional down.
These three elements contributed to the market downturn that led to heavyweights like Bitcoin dropping important worth.
How does the Greed and Concern Index work?
The Greed and Concern Index is a barometer that measures the overall market sentiment.
The Index predicts whether or not buyers are feeling overly fearful or excessively grasping.
The index aggregates a number of information factors, usually scored on a scale from 0 to 100, the place 0 represents “excessive concern” and 100 alerts “excessive greed.”
The Index is designed to replicate how these feelings may drive worth actions. Concern typically results in promoting and decrease costs, whereas greed can gasoline shopping for and worth spikes.
The Index is presently at 10, indicating an especially fearful market sentiment. The market sentiment presents a shopping for alternative for Diamond Palms buyers with grit and expertise.
