The Bitcoin Fear & Greed Index previously fell to 24, placing it in the 'extreme fear' category. This reading followed a sharp market drawdown and heavy long liquidations reported across major derivatives venues, indicating a sharply risk-off sentiment among market participants at the time. [Update 1] Index Exits "Extreme Fear" The CoinMarketCap (CMC) Crypto Fear and Greed Index has now moved out of the "extreme fear" category. This upward shift indicates that aggregate sentiment is recovering from the recent lows caused by sharp volatility, although market psychology remains cautious. This recovery follows the period of liquidations noted in the previous reporting.