Crypto Fear & Greed Index has been in the fear zone for over 70 days

BlockBeats News, March 30th, according to alternative.me data, the Crypto Fear and Greed Index has been in the fear zone for over 70 days, currently reporting 8 today, in the extreme fear region.

Bitcoin has plummeted significantly from its all-time high of $126,000 in 2025, currently fluctuating in the $65,000 to $70,000 range. Ethereum has also dropped over 60% from its peak of $4,950, briefly falling below the $2,000 mark. Altcoins have suffered even more brutal sell-offs. Data shows that as high as 38% of altcoin trading prices are close to their historical lows, a ratio that even exceeds the FTX collapse period. Funds have massively flowed out of high-risk altcoins into Bitcoin as a safe haven, causing Bitcoin's market dominance to temporarily rise to 56.5%.