Crypto Fear & Greed Index Hits Historic Low Amid Ongoing Market Volatility

The Crypto Fear & Greed Index has reached its lowest level since its inception in 2018, hitting 5 out of 100 in February 2026. This extreme fear reading is often seen as a contrarian indicator, suggesting that the market may be due for a reversal.

Bitcoin's price has been affected by ongoing outflows from U.S. spot Bitcoin ETFs, deleveraging in derivatives markets, liquidations, and broader risk-off sentiment influenced by macroeconomic factors like tariff uncertainties and geopolitical tensions.

Historically, extreme fear readings like this have often coincided with or preceded major market bottoms in Bitcoin's history. Past examples include June 2022 near 6-10 during Terra and Luna and broader bear market lows, followed by a multi-year bull run.