CryptoQuant's Bull/Bear Index Hits New Low Since FTX Black Swan Event, But Still Not in "Extreme Bear Market" Range

BlockBeats News, February 17, CryptoQuant's Bitcoin Fear and Greed Index recently hit the lowest point since the 2022 FTX crash. This index measures market sentiment by the difference between the Bitcoin Market Value to Realized Value (MVRV) Ratio and its 365-day moving average. Historical data shows that similar extreme bear market levels often signal the formation of a bottom.