NewsBTC •
June 4, 2026 at 02:20 •
Analysis
Data shows the sentiment in the cryptocurrency sector has plummeted deep into extreme fear as Bitcoin and other assets have crashed. Bitcoin Fear & Greed Index Has Dropped To A Low Of 11 The “Fear & Greed Index” refers to an indicator created by Alternative that tells us about the average sentiment present among traders in the Bitcoin and wider cryptocurrency markets. Related Reading: XRP Breaks Below Triangle—Will Drawdown Extend To $1.14? The index uses a numerical scale running from zero to hundred for representing the investor mentality. All values on this scale above 53 correspond to a sentiment of greed, while those below 47 to one of fear. The metric being between these two cutoffs naturally suggests a net neutral mentality. Besides these three main zones, the...