Fear & Greed Index: fear reigns in crypto market

The mood in the crypto market is changing every day. For the first time since January 2023, the Fear & Greed Index is back at "Extreme Fear" at 25 points. By comparison, in mid-March this value was still at 91.

The Fear & Greed Index is a mood barometer that measures investors' market sentiments and emotions on a scale of 0 (extreme fear) to 100 (extreme greed).

With the recent fluctuations in the price, investors are looking gloomily at the market. Bitcoin has fallen about 15 percent in the past 30 days. At the time of writing, the leading cryptocurrency stands at $57,380, with a price loss of 2.50 percent in the past 24 hours.

Warren Buffett once said that it is smart for investors to "to be anxious when others are greedy, and to be greedy when others are anxious."