The Crypto Fear & Greed Index has fallen to an extreme fear level of 10, the lowest since February 2025, amid macroeconomic uncertainty and Bitcoin’s drop below $95,000. Analysts suggest this bearish sentiment may prove temporary, with positive divergences in market indicators pointing to potential recovery.
Crypto Fear & Greed Index hits 10, signaling extreme fear not seen in over eight months.
Bitcoin trades at $95,778, down 1.5% daily and 6.3% weekly, despite U.S. government shutdown ending.
Spot Bitcoin ETFs saw $866 million in outflows on Thursday, the second-worst day, contributing to 20% monthly decline entering bear market territory.
Discover why the Crypto Fear & Greed Index dropped to 10 in 2025 as Bitcoin falls below $95K amid uncertainty. Analysts see recovery signs—explore insights for informed crypto decisions today.
What is the Crypto Fear & Greed Index and why has it reached extreme fear levels in 2025?
The Crypto Fear & Greed Index is a sentiment indicator that measures market emotions on a scale from 0 to 100, where lower scores reflect fear and higher ones indicate greed. In late November 2025, it plummeted to 10, the lowest since February 27, driven by Bitcoin’s sharp decline below $95,000 and ongoing macroeconomic pressures. This extreme fear level suggests widespread investor caution, but historical patterns show such lows often precede rebounds.
How has Bitcoin’s price performance influenced the current Crypto Fear & Greed Index?
Bitcoin’s price has been a key driver behind the Crypto Fear & Greed Index drop, trading at $95,778 as of publication, with a 1.5% daily loss and over 6.3% weekly decline. Despite the U.S. government shutdown ending after 43 days—the longest in history—BTC failed to rally, falling more than 20% in under a month, officially entering bear market territory according to Dave Rosenberg of Rosenberg Research. Large ETF redemptions, including $1.14 billion in single-day outflows earlier in the year, exacerbated the downturn, pushing sentiment to new lows. Andre Dragosch, Head of Research at Bitwise, notes that while sentiment is bearish, it’s less severe than in past corrections, with the Cryptoasset Sentiment Index showing positive divergence despite lower prices. Sellers appear exhausted, a sign that could signal an impending bottom. Sven Henrich of NorthmanTrader highlights a falling wedge pattern on BTC charts, suggesting bullish potential through positive divergence.
Frequently Asked Questions
What caused the recent drop in the Crypto Fear & Greed Index to 10?
The index’s fall to an extreme fear score of 10 stems from Bitcoin’s plunge below $95,000, macroeconomic uncertainty, and heavy ETF outflows totaling $866 million on Thursday—the second-worst day on record. Online chatter and social dominance for Bitcoin surged above 40%, with positive-to-negative comment ratios at 30-day lows, per Santiment data, fueling the bearish mood.
Will the end of the U.S. government shutdown boost Bitcoin prices?
The shutdown’s resolution after 43 days has not immediately lifted Bitcoin, as markets remain volatile amid Federal Reserve rate cut uncertainties. With equities stabilizing and a 44.4% chance of a December cut per CME FedWatch Tool, BTC’s correlation with risk assets persists, but analysts like Juan Perez of Monex USA note it hasn’t fully decoupled as a hedge, potentially delaying recovery.
Key Takeaways
- Extreme Fear Signals Opportunity: The Crypto Fear & Greed Index at 10 often marks market bottoms, with historical rebounds following such lows in February 2025 when BTC dropped to $84,000 from $102,000.
- Positive Divergences Emerging: Despite bearish headlines, indicators like Bitwise’s sentiment index and chart patterns show less exhaustion than in prior corrections, hinting at seller fatigue and potential upside.
- Monitor ETF Flows and Rates: Recent $1.17 billion inflows over three days contrast with outflows; watch Fed decisions, as a December rate cut could support BTC’s recovery as a risk asset.
Conclusion
The Crypto Fear & Greed Index reaching 10 underscores the intense bearish pressure on Bitcoin amid 2025’s macroeconomic turbulence and government shutdown aftermath, yet analysts from Bitwise and Santiment highlight positive divergences that could shorten this downturn. As ETF flows stabilize and rate cut probabilities evolve at 44.4% for December, investors should stay vigilant for reversal signs. For the latest crypto insights, keep monitoring key sentiment tools to navigate this volatile landscape effectively.
🔴UPDATE: Our Cryptoasset Sentiment Index also continues to show a positive divergence.
Read: Sentiment index is bearish but less so than during previous corrections despite lower prices.
Sellers are exhausted and it shows. pic.twitter.com/XxSeuo5Ewb
— André Dragosch, PhD⚡ (@Andre_Dragosch) November 14, 2025
“Sentiment index is bearish but less so than during previous corrections despite lower prices. Our Cryptoasset Sentiment Index also continues to show a positive divergence.”
–Andre Dragosch, Head of Research at Bitwise.